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Xpress and its former chairman broke listing rules in 2014: SGX

They failed to disclose creditors' winding-up applications in a timely fashion, it says

Published Thu, May 21, 2015 · 09:50 PM

Singapore

XPRESS Holdings and its then chairman broke listing rules in 2014 by not disclosing creditors' winding-up applications in a timely fashion, the Singapore Exchange (SGX) said on Thursday.

SGX has issued warnings to the printing services company and to KK Fong, Xpress' chairman and chief executive at the time of the breach and currently the company's non-executive and non-independent director.

Xpress on July 22 halted trading of its stock, and announced a day later that one creditor had filed a winding-up application in relation to about S$400,000 of r…

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