According to VCPlus, it will extend its full cooperation. It added that it did not have any business dealings with Sevens Atelier in 2021 and the business dealings in 2022 related to website development were "immaterial".
Listed fintech consultancy VCPlus is being probed by the authorities in a case that is linked to another listed company, Sevens Atelier for possible offences under the Securities and Futures Act.
According to VCPlus, the Commercial Affairs Department and the Monetary Authority of Singapore have asked for documents and emails belonging to executive director Lim Beng Chew and Cedric Yap Kun Hao, head of its subsidiary Apec Solutions, that are related to business dealings with Sevens Atelier in 2021 and 2022.
