TEE International

The SGX-ST Listings Disciplinary Committee also reprimanded former group CEO and managing director Phua Boon Kin Eric.

Shares in Tee International will remain suspended until its delisting on Feb 10.

The company says the acquisition represents a strong opportunity to achieve more consistent and sustainable financial growth.

OxPay, citing Ng, says that the potential breach of SFA took place while he was Tee International's CFO

Tee International shares have been suspended since June 2021

Tee International shares have been suspended since June 2021

His departure follows the resignation of its former group chief executive in June.

Gross proceeds from the proposed placement amount to $3.9 mil.

The circuit breaker measures have resulted in the suspension of most of the construction works for the group’s ongoing projects, as well as the closure of its construction sites except for three essential ones.

While the Covid-19 pandemic rages, the regulator says it is focused on stepping up the pace of its process.