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Si2i: No firm decision on appointment of new chairman

Published Mon, Apr 30, 2018 · 09:50 PM

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Singapore

MAINBOARD-listed Si2i - a telecom products and IT services provider - said on Monday that the company has "not yet taken a firm decision on the appointment of a new chairman".

Si2i was responding to queries about its outlook from the Securities Investors Association Singapore (Sias). Si2i has since 2015 been placed on the Singapore Exchange watch-list for posting three straight years of losses and having a market capitalisation that fell below S$40 million. Si2i has until March 3, 2019, to get itself out of the watch-list or risk delisting.

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