SGX calls for immediate resignation of two top Midas Holdings executives
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
TROUBLED railway parts maker Midas Holdings has been hit with a notice of compliance by regulators demanding the immediate resignation of two of its top executives.
The Singapore Exchange (SGX) said in the notice that Midas Holdings executive chairman Chen Wei Ping cannot be appointed as a director or executive officer in any listed company for the next three years.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute