The Business Times
business-time-50
SUBSCRIBERS

SBI Offshore may have breached Catalist rules: report

google-preferred-sourceAdd BT as a preferred source
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.

TRENDING NOW

Jumbo Group says its landlord, the National Parks Board, is studying the redevelopment of East Coast Seafood Centre in tandem with longer-term plans for the park.

Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30

The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.

Shanda co-founder sells Tanglin Hill bungalow for S$76 million

An artist's impression of Pelican Paradise Group's township project that was designed to include a five-star convention hotel, an 18-hole championship golf course and a hospital, among others.

Singapore developer in limbo after Timor-Leste scraps major township project

Terence Wong, founder and CEO of Azure Capital (left), with Trek 2000 executive chairman and group president Wayne Tan.

Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More