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Technics O&G seeks JM as it faces a series of claims

BT understands SGX has asked Technics to look into whistleblower's allegations of insider trading by past key director

Anita Gabriel
Published Tue, May 31, 2016 · 09:50 PM

    Singapore

    WITH its back against the wall after a series of claims from its Singapore- listed landlord and a past executive director, distressed offshore support services firm Technics Oil & Gas has sought court intervention as a last-ditch rescue attempt.

    Technics and its wholly owned Technics Offshore Engineering said on Tuesday that they had applied to the Singapore High Court to place the firms under judicial management.

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