new silkroutes

New Silkroutes ex-director jailed over market-rigging scheme allegedly masterminded by Goh Jin Hian

A former finance director of Singapore-listed New Silkroutes Group was sentenced to 12 weeks in prison on Monday (Sept 16) after pleading guilty to manipulating its share prices to allow its shares to...

SGX-ST says New Silkroutes must re-submit a revised trading resumption proposal by the year end.

SGX-ST rejects New Silkroutes Group’s proposal to resume trading

The decision stems from concerns over group’s financial stability and viability of its new business

Goh Jin Hian outside the State Courts on Sep 20, 2023. Goh was on Jan 24 found liable for breach of director’s duties, statutory duties and losses suffered by IPP.

Former IPP director Goh Jin Hian liable for US$146 million losses suffered by company: High Court

Company had almost US$1 billion in receivables in 2019, including sham transactions

SGX RegCo does not condone actions by the issuers and directors to circumvent the requirements under the bourse’s listing rules. 

New Silkroutes former directors, executives found to have helped company sidestep rules: SGX RegCo

BOURSE regulator Singapore Exchange Regulation (SGX RegCo) on Friday (Dec 1) said the actions of mainboard-listed New Silkroutes’ former directors and executive officers led to the “circumvention of r...

In February, New Silkroutes sold three of its The Dental Hub-branded clinics to Catalist-listed Quantum Healthcare for a consideration of S$1.7 million.

New Silkroutes places two units into creditors’ voluntary liquidation

THE indirect subsidiaries of mainboard-listed New Silkroutes Group, Healthsciences International (HSI) and HSI Dental, will be placed into creditors’ voluntary liquidation, said the company on Friday ...

The police say the four individuals had allegedly placed orders and executed trades in NSG securities for the purpose of pushing up their price on 31 trading days between Feb 26, 2018 and Aug 27, 2018.

Former New Silkroutes CEO Goh Jin Hian among four charged with false trading

Three former management executives of mainboard-listed New Silkroutes Group (NSG), as well as a commercial market maker engaged by NSG, were charged in court on Wednesday (Sep 20) with false trading.

New Silkroutes Group said it is currently in consultation with Singapore Exchange Securities Trading to understand if shareholders’ approval is required for the proposed transaction.

New Silkroutes Group units agree to sell dental businesses to Quantum Healthcare for S$4.5 million

MAINBOARD-LISTED New Silkroutes Group’s indirect subsidiaries have agreed to sell their stake in six dental clinics and a company to The Dental Hub, a 60 per cent-owned indirect subsidiary of the Cata...

New Silkroutes receives statutory demand for S$146,234 from landlord

New Silkroutes receives statutory demand for S$146,234 from landlord

MAINBOARD-LISTED New Silkroutes Group said on Monday (Dec 13) that it was served a letter of statutory demand from its landlord Fragrance Regal for an alleged total sum of around S$146,234.73 after it...

New Silkroutes receives US$10.7m letter of demand

New Silkroutes receives US$10.7m letter of demand

MAINBOARD-LISTED New Silkroutes Group has received a letter of demand for an alleged sum of US$10.7 million from a company, Iolani Shipping, it disclosed in a Tuesday bourse filing.

SGX queries on New Silkroutes' liquidation of oil-trading unit

SGX queries on New Silkroutes' liquidation of oil-trading unit

THE Singapore Exchange (SGX) has raised queries regarding New Silkroutes Group's wholly-owned oil-trading subsidiary, International Energy Group (IEG), which the group has not been successful in windi...