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SBI Offshore may have breached Catalist rules: report

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Published Thu, Jun 20, 2019 · 09:50 PM

Singapore

SBI Offshore may have breached various Catalist listing rules during a share placement conducted in 2014, a report from independent reviewer KordaMentha found on Thursday.

By failing to disclose that one of the placees had given the company a promissory note instead of paying in cash, SBI Offshore may potentially have breached Catalist disclosure rules, KordaMentha said.

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