SINGAPORE (May 9): The past couple of months have been tough on direct selling firm Best World International. But now, it looks like even tougher times lie ahead.

From a high of $3.33 in February this year, shares in Best World have plunged more than 59% to $1.36 as at May 9, following attacks and doubts cast on its business and practices.

And now, Singapore Exchange Regulation (SGX RegCo) has slapped the distributor of skincare, nutritional and wellness products with a rare trading suspension — the first in close to 30 months.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook