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Company in the news
Koda to make changes to payment system after $263,000 misappropriated by former employee
The sum was allegedly misappropriated by an employee in the IT department of subsidiary Commune Lifestyle.
December 27, 2023
Management & Corporate Governance
SGX RegCo queries Best World; expects full independent review
SINGAPORE (Apr 24): The Singapore Exchange Regulation (SGX RegCo) says that it is aware of the short-sell reports on Best World that was published earlier today, which led to a 9.0% plunge in Best World shares to close at $1.62 on Wednesday.
April 24, 2019
Management & Corporate Governance
YuuZoo denies blocking access to information, points fingers at independent reviewer
SINGAPORE (Apr 11): YuuZoo Corporation has denied imposing restrictions on independent reviewer Ernst & Young Advisory (EY), and says it was EY itself which made “several restrictions to the scope of engagement.”
April 11, 2018
Management & Corporate Governance
SBI Offshore uncovers unauthorised write-off of tax-linked expenses by China subsidiary; appoints independent auditor
SINGAPORE (April 3): SBI Offshore is appointing an independent auditor to investigate the unauthorised write-off of tax-related expenses payable by subsidiary Jiangyin SBI Offshore Equipment Co. (JSBI) to the parent company.
April 03, 2018
Commodities
CNMC Goldmine's Sokor project upgraded to 724,000 oz of gold resource
SINGAPORE (Mar 22): CNMC Goldmine announced that a recent independent review has estimated that its Sokor flagship project in Kelantan, Malaysia, contains 724,000 ounces (oz) of JORC-compliant gold resource in the ground, the highest on record since the g
March 22, 2018