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SGX raps Jason Holdings founder and former CEO

Group materially overstated its revenue in its half-year financial results for period ended June 30, 2015

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According to SGX, Mr Sim authorised the inclusion of undelivered materials in progress claim billings to customers, resulting in the overstatement of revenue in the group's financial statements.

Singapore

THE Singapore Exchange (SGX) on Thursday reprimanded Jason Holdings Limited and its former CEO and director Jason Sim Chon Ang for breaching Catalist rules.

This came after Jason Holdings announced late on Wednesday that Mr Sim had left his twin posts of CEO and non-

sentifi.com

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