TEE Int'l investigating unauthorised transactions of over S$6m linked to CEO
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Claudia Chong
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Singapore
MAINBOARD-LISTED engineering group TEE International is appointing an external third party independent investigator to look into unauthorised transactions totalling S$6.55 million made by its subsidiaries to related parties.
The transactions, which took place from July 2018 to May 2019, were allegedly made under the instruction of group chief executive and managing director Phua Chian Kin, said TEE International.
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