CFA Society Singapore
SINGAPORE (June 28): Derek Goh Bak Heng, Serial System’s executive chairman and group CEO, has been asked to assist in certain investigations related to the Securities and Exchange Act of Taiwan.
Goh’s assistance was requested by the Taipei District Prosecutors Office and the Investigation Bureau, Ministry of Justice of Taiwan, Serial System’s board announced this morning in a filing.
The board said it was unclear about the details of the investigations but said no other person in the company had been requested to assist in the investigations.
None of the business and operations of the company and Goh’s roles and responsibilities as executive chairman and group CEO were affected in any way by the investigations and will continue as usual, the board added.
Serial System closed 0.2 cent lower to end at 14.8 cents on Wednesday.