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Starburst chairman, MD, CFO interviewed in corruption probe

Share price plummets 68% to intraday low of 12 cents, before closing at 13.1 cents

Mr Lim (left) and Mr Yap co-founded the business in 1999. Their combined stakes in Starburst exceeded 66% as at Oct 9, according to Shareinvestor data.


SHARES of Starburst Holdings, which designs and installs anti-ricochet ballistic protection systems, plunged on Monday after it disclosed that its co-founders are out on bail amid a probe by Singapore's anti-corruption watchdog.

The Corrupt Practices Investigation Bureau...

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