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Questions to Indiabulls went unanswered, says SIAS

Published Thu, Aug 18, 2016 · 09:50 PM

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Singapore

THE board of Indiabulls Properties Investment Trust (IPIT) completely ignored questions about its most recent annual report that were sent to it by the Securities Investors' Association (Singapore) earlier this year, the association said on Thursday.

The retail investors' lobby group, also known as SIAS, said this after a BT Hock Lock Siew column on Aug 15 drew attention to a host of issues that cropped up over the course of IPIT's eight troubled years on the Singapore Exchange mainboard and asked what the bourse and SIAS had to say about all of that.

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