Remisier kings
The cousins who have taken over Peter Lim’s throne View PDF
Popular posts from this blog
Ex-bank owner Agus Anwar declared bankrupt
Prominent former bank owner Agus Anwar was yesterday declared bankrupt by the High Court.
Two ex-UOBKH staff charged with lying to MAS over due diligence reports on a Catalist aspirant
TWO former senior employees of UOB Kay Hian Private Limited (UOBKH) were charged on Wednesday for allegedly lying to the Monetary Authority of Singapore (MAS) in relation to reports on a then Catalist aspirant. Lan Kang Ming, 38, and Wee Toon Lee, 34, each face three charges of providing MAS with false information in October 2018 in relation to due diligence reports on an unidentified company applying to list on the Catalist board of the Singapore Exchange. MAS said in a media statement on Wednesday that it was performing an onsite inspection of UOBKH between June and August 2018, to assess the latter's controls, policies and procedures in relation to its role as an issue manager for Initial Public Offering (IPOs). During the examination, Lan and Wee were said to have provided different versions of a due diligence report relating to background checks on a company applying to be listed on the Catalist board of the Singapore Exchange. UOBKH had acted as the issu...
Comments
Kelly Tay
17 September 2014
The managing director of Magnus Energy Group, Mr Lim Kuan Yew, has resigned to "pursue his personal ventures and businesses".
His resignation, announced in a filing with the Singapore Exchange on Tuesday, takes effect on Sept 30.
The news comes 21/2 months after the company's former executive director, Koh Teng Kiat, stepped down.
In April, the oil and gas contractor and coal mining investor had announced that the passports of Mr Koh and the company's chief financial officer Luke Ho Khee Yong had been impounded by the Commercial Affairs Department (CAD) in light of a probe.
The CAD has asked for access to all corporate electronic data, information technology equipment and data storage devices belonging to Mr Koh and Mr Ho, and all relevant documents dated between Jan 1 2011 to date.