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SGX tells Innopac to engage valuer for businesses it plans to sell

It's concerned about how the investment holding company was valuing the variety of businesses being sold

Singapore

THE Singapore Exchange (SGX) has ordered Innopac Holdings' audit committee to engage a reputable valuer to assess businesses that the company plans to sell at a sharp discount to their potential net tangible value, Innopac said in an exchange filing on Thursday.

Innopac,...

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