SGX RegCo queries HCSS on controls to safeguard the interests of company
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Nisha Ramchandani
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Singapore
THE Singapore Exchange Regulation (SGX RegCo) has queried HC Surgical Specialists (HCSS) on recent announcements made in relation to Julian Ong, including whether the board has put in place adequate and effective controls to safeguard the interests of the company and its shareholders.
In June 2018, a woman lodged a complaint against Dr Ong, whose endoscopy clinic is 70 per cent owned by HCSS, claiming that Dr Ong and another specialist - who is not part of the HCSS group - had colluded to have sex with "vulnerable" female patients.
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