SGX RegCo warns Camsing Healthcare's former independent directors
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Singapore
IN AN unprecedented move, the Singapore Exchange RegCo (SGX RegCo) on Friday warned three former independent directors of Camsing Healthcare that it will assess their suitability for appointment as a director or executive officer in any issuer listed on the SGX.
The regulator has ordered Camsing Healthcare to obtain detailed explanations by April 5, 2019 from three of its former independent directors on why they considered it "proper and appropriate" for them to resign before audit matters were resolved.
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