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SIAS calls on SIC to examine Ron Sim's unintentional purchases

Published Tue, Apr 12, 2016 · 09:50 PM

Singapore

INVESTOR lobby group Securities Investors Association (Singapore), or SIAS, has called on takeover regulator Securities Industry Council (SIC) to further examine OSIM International founder Ron Sim's unintentional purchases of shares above his revised and final offer price last Tuesday.

David Gerald, SIAS president, wrote in a letter to SIC chairman JY Pillay on Tuesday, appealing for SIC to investigate:

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