Raffles Infrastructure Holdings

The SGX-ST reprimanded Wu for the company’s false and misleading bank balances and claims among other charges.

The company had taken steps to terminate Ma’s services based on international investigations conducted and documentary evidence.

Shares in Raffles Infrastructure closed 1 cent higher or 4% up at 26 cents on June 30.

SINGAPORE (July 19): Despite its best efforts, Raffles Infrastructure Holding, the company formerly known as China Fibretech, has found it hard to shake off its stigma of being an S-chip once plagued by corporate governance issues.

Infrastructure projects Of the net placement proceeds of $29.9 million, Raffles Infrastructure plans to invest $22 million in a build-operate-transfer rural road project awarded by the Yibin Municipal People’s Government. The company will co-inv

SINGAPORE (May 14): Raffles Infrastructure Holdings reported 5Q19 earnings ended March of RMB 33.1 million ($6.6 million), reversing from a loss of RMB 1.9 million in 5Q18.

SINGAPORE (Feb 14): Raffles Infrastructure, formerly known as China Fibretech, reported 2Q earnings of RMB24.5 million ($5 million) compared to a net loss of RMB974,000 a year ago.

SINGAPORE (Oct 22): Raffles Infrastructure Holdings, the company formerly known as China Fibretech, is building a 70km tourist railway with a contract value of RMB6 billion ($1.2 billion).