SINGAPORE Exchange Regulation (SGX RegCo) has ordered SBI Offshore to appoint a special auditor to investigate its disposal of a factory in China earlier this year.

THE relatively poor turnout at Catalist-listed SBI Offshore's extraordinary general meeting (EGM) on Thursday underscored the shareholder fatigue over the company's dismal performance...

OIL AND gas solutions provider SBI Offshore has advised shareholders that it did not record any revenue and expects to report a loss for the first financial half-year ended June 30, having reviewed...

HENN Tan has stepped down as Trek 2000 chairman, chief executive and executive director. Mr Tan will be appointed as the group's consultant for a three-year period, the company said...

SBI Offshore on Friday said it has appointed independent reviewer KordaMentha to undertake an audit of the matters which may have led to an unauthorised write-off of funds from the group's...

BT EXCLUSIVE

THE Securities Investors Association of Singapore (SIAS) is expanding its role to include that of playing matchmaker for struggling boards that need suitable candidates to take up the role of...

Oil and gas solutions provider SBI Offshore said on Friday that it had been informed by the Commercial Affairs Department (CAD) that there is insufficient evidence to prove that a criminal offence...

THE board of SBI Offshore will seek to reverse an unauthorised write-off of some 17.28 million yuan in the books of its subsidiary, Jiangyin SBI offshore Equipment Co (JSBI).