police report

NGSC reports former directors to police over $1.1 mil of suspected unauthorised payments

SINGAPORE (June 4): NGSC says it has lodged a police report against two of its former directors for their alleged involvement in suspected unauthorised payments amounting to $1.1 million.

In a filing on Monday, the company says it is in the midst of “seeking legal advice on available courses of action” to recover these suspected unauthorised payments.

Felda was cheated in Eagle High purchase, says director general

KUALA LUMPUR (April 9): Federal Land Development Authority (Felda) director-general Datuk Dr Othman Omar had yesterday evening lodged a police report at the police commercial crime unit here, claiming that it was cheated into entering into a "one-sided" deal for the sale and purchase of PT Eagle High Plantations Tbk (EHP), owned by the Rajawali Group, two years ago.

See: KPF’s sale of FGV shares raises eyebrows

Keeping up with the drama at International Healthway Corp

SINGAPORE (Jan 26): In the end, the extraordinary general meeting (EGM) requisitioned by dissident shareholders of International Healthway Corp (IHC) was only a sideshow to the drama that followed at the troubled company.

(See also: To be or not to be for International Healthway Corp)

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