Missing lawyer resigns from directorships
JLC Advisors managing partner Jeffrey Ong Su Aun remains incommunicado, but has been contacting companies to tender his resignation as their independent director
Add BT as a preferred source
Tay Peck Gek
Singapore
WHILE JLC Advisors' managing partner Jeffrey Ong Su Aun remains incommunicado, the 41-year-old lawyer at the centre of the Allied Technologies' missing S$33 million escrow fund saga has been actively contacting companies to tender his resignation as their independent director.
Mr Ong resigned with effect from May 20 as an independent non-executive director at Hong Kong-listed CW Group Holdings, giving the reason that he wishes "to devote more time to his personal affairs".
TRENDING NOW
High Court rejects bid to bring ST Engineering unit into trademark infringement suit over RSAF aircraft parts
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
DBS sees choppy Q3 for STI as investors pivot from Singapore banks to listcos that are unlocking value
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
