Aik Chuan Construction (ACC)

Management & Corporate Governance

Allied Tech files police report over unauthorised $33 mil payout by JLC MD Ong

SINGAPORE (May 24): Precision engineering firm Allied Technologies said in a regulatory filing on Thursday it will file a police report over an unauthorised payout of $33 million from its escrow account held with law firm JLC Advisors.

Management & Corporate Governance

Allied Tech's $130 mil purchase of dorm operator aborted amid news of missing funds

SINGAPORE (May 23): Precision engineering firm Allied Technologies will not go ahead with the acquisition of dormitory operator Aik Chuan Construction (ACC) and its subsidiaries.
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