Starburst chairman surrenders travel documents to CPIB
Add BT as a preferred source
Sharanya Pillai
EDWARD Lim Chin Wah, the executive chairman of Starburst Holdings, has surrendered his travel documents to the anti-corruption watchdog on Monday, the Catalist-listed company said in a bourse filing.
Mr Lim is embroiled in a probe by the Corrupt Practices Investigation Bureau (CPIB) and is out on bail, Starburst had previously announced on Nov 17. In a filing the next day, the company said that CPIB had not requested Mr Lim to surrender his travel documents at that point.
Other executives involved in the CPIB probe are Starburst's managing director Yap Tin Foo, chief financial officer Wu Guangyi, and senior project manager Josiah Lawrence Ng Eng Long.
The executives were interviewed in relation to Starburst Engineering, a wholly-owned unit of Starburst.
Shares of Starburst closed at S$0.205 on Monday, down 2.38 per cent.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Johor property old hand KSL readies family handover amid market boom
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
Sats may reward shareholders with special dividend if there’s spare cash
Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe
