Shanghai Turbo employee sanctioned by Chinese Public Security Authorities

MAINBOARD-listed precision manufacturer Shanghai Turbo Enterprises said on Tuesday that it has been informed that Tan Juay Kiat, the general manager of its wholly-owned subsidiary, Changzhou 3D Technological Complete Set Equipment Co (CZ3D), has been sanctioned with administrative penalties by the Chinese Public Security Authorities (CPSA) at Zhonglouqu, Changzhou, China.

The CPSA determined that Mr Tan had commenced work in China before obtaining the relevant permits, in contravention of Section 43 and Section 80 of the Law of the People's Republic of China on the Immigration Administration of Exit and Entry.

Separately, Shanghai Turbo also provided an update on the ongoing investigation of debt collection agent fees by CPSA towards CZ3D.

On Oct 19, 2019, CZ3D lodged a report relating to Section 112 of the Criminal Procedure Law of the People's Republic of China.

On Nov 19, 2019, the CPSA provided an official notice informing that the investigation will be proceeded by the CPSA, with the notice file name is Zhong Gong (Gang) Proclamation Word (2019) No 4162[2019].

In respect of both cases, Shanghai Turbo was not approached by the CPSA in the course of their investigations and has not received any details from the CPSA after the investigation, the group said.

The company's business and operations have not been affected and will continue as usual, it added.