allied tech

Ex-director of Allied Technologies gets six-month jail term for breach of duties

FORMER Allied Technologies executive director Roger Poh has been sentenced to six months’ imprisonment for failing to act honestly in the discharge of his director duties, the Accounting and Corporate...

Jeffrey Ong Su Aun's offences involved the misappropriation of nearly S$76 million of clients’ money.

JLC Advisors’ ex-managing partner Jeffrey Ong jailed 19 years

FORMER managing partner of JLC Advisors Jeffrey Ong Su Aun was on Monday (Jul 17) sentenced to 19 years’ imprisonment, after the disbarred lawyer pleaded guilty to 10 charges, including offences of ch...

The notice was issued on May 9 by existing shareholder Lin Tah Hwa and executive director Kenneth Low

Allied Tech to convene EGM over attempt to remove CEO, chairman from board

EMBATTLED Allied Tech is set to convene an extraordinary general meeting (EGM) on Jul 13, in response to a requisition notice from 2 shareholders to oust the CEO and chairman as directors.

SRS Auto is wholly owned by Tan Yew Kiat, who founded women’s apparel chain bYSI, The Business Times previously reported.

SRS Auto Holdings’ offer for Allied Tech turns unconditional

SRS Auto Holdings’ voluntary cash conditional offer to privatise precision engineering company Allied Technologies has turned unconditional in all respects, according to a bourse filing late on Tuesda...

IFA Xandar Capital has concluded that the offer for Allied Technologies by SRS Auto Holdings is not fair and not reasonable. Founder of fashion company bYSI, Tan Yew Kiat, is the sole shareholder of private car rental and motor financing company SRS

Offer for Allied Technologies ‘not fair and not reasonable’: IFA

Independent financial adviser (IFA) Xandar Capital has deemed the acquisition offer for Allied Technologies by SRS Auto Holdings not fair and not reasonable.

Tan Yew Kiat, who founded bYSI, a women’s apparel boutique chain, is the sole shareholder of SRS Auto Holdings, which has made an acquisition offer for Allied Technologies.

Allied Tech’s independent chairman and CEO ousted from board

THE shareholders of Allied Technologies have voted to boot out the company’s independent non-executive chairman and its chief executive, and replaced them with 3 freshly elected directors.

Tan Yew Kiat, who founded bYSI, a women’s apparel boutique chain, is the sole shareholder of SRS Auto Holdings, which has made an acquisition offer for Allied Technologies.

Allied Tech appoints IFA for acquisition offer from bYSI founder’s car rental company

ALLIED Technologies has appointed Xandar Capital as the independent financial adviser (IFA) to provide a recommendation to shareholders on the acquisition offer from SRS Auto Holdings.

The company said that the deal offers shareholders an opportunity to exit their investments since the trading suspension on its counter was imposed.

SRS Auto Holdings makes S$0.0088 per share privatisation offer for Allied Technologies

Private car rental and motor financing company SRS Auto Holdings has made a privatisation offer of S$0.0088 per share in cash for metal stamping manufacturer Allied Technologies.

The senders of the 2 letters are also looking to appoint 3 new directors.

Allied Tech receives 2 letters calling for EGM to remove CEO, chairman as directors

ALLIED Technologies has received 2 letters dated May 9 from existing shareholder Lin Tah Hwa and executive director Kenneth Low to convene one or more extraordinary general meetings (EGMs) for several...

Shareholder approval was needed for Allied Tech's China subsidiaries' disposal: SGX RegCo

Shareholder approval was needed for Allied Tech's China subsidiaries' disposal: SGX RegCo

SHAREHOLDER approval should have been sought for Allied Technologies' disposal of its 2 China subsidiaries, the Singapore Exchange Regulation (SGX RegCo) said late on Wednesday (Apr 6).