corruption probe

Company in the news

Tiong Seng executives charged in court, denies bribery allegations

Tiong Seng Holdings announced that its CEO and executive director Pek Lian Guan and the director of Tiong Seng Contractors Pay Teow Heng were charged in court on July 24, 2020.

Company in the news

Hedge fund that shorted Luckin Coffee since 2019 is betting on worse to come

(May 21): One of the first hedge funds to wager against Luckin Coffee Inc. is betting the stock’s 93% plunge this year has further to go.

Investing strategy

Luckin Coffee: Why did investors ignore the red flags?

SINGAPORE (Apr 9): Ivar Krueger, dubbed the Match King, used to kiss women on the wrist when introduced, and not on the hand. He was afraid of germs.

Corruption probe

Accrelist investigated for alleged corruption over $5,000 red packet to customer

SINGAPORE (Mar 9): Accrelist has on Mar 6 responded to queries from Singapore Exchange (SGX), after the group avoided most of the questions on Mar 5.

Corruption probe

Accrelist declines to spill the tea on alleged corruption offence

SINGAPORE (Mar 5): Terence Tea, executive chairman of Accrelist and its subsidiary Jubilee Industries, along with two other Jubilee senior management, have been requested on Feb 25 by the Corrupt P

Corruption probe

AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed

KUALA LUMPUR (Feb 3) AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegati

Corruption probe

Epicentre under investigation by CAD and MAS

SINGAPORE (Jan 31): The judicial managers (JMs) of Catalist-listed Epicentre Holdings have reported that the company is being investigated by the Commercial Affairs Department (CAD) and Monetary Au

Broker's Calls

Yangzijiang poised for strong share price rebound on chairman's return: DBS

SINGAPORE (Dec 23): DBS Group Research is maintaining its “buy” call on Yangzijiang Shipbuilding with an unchanged target price of $1.68, representing a 57% upside for the stock.

1MDB Watch

Najib to testify in 1MDB trial to fight corruption charges

KUALA LUMPUR (Dec 3): Malaysia’s former leader Najib Razak is set to give his testimony to defend himself against charges of corruption involving a former 1MDB unit.

Corruption probe

Petrobras unit head removed amid bribery allegations

(Sept 6): Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG), which operates a 1,610-mile pipeline transporting natural gas from Bolivia to Brazil, said its board approved the removal of Ivan

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