However, before the shares can resume trading, there are a few other conditions to be met, with a clear onus on the company’s audit committee.
Best World International, known for its direct selling business of health and beauty products, has received a “no-objection” from SGX RegCo to resume trading.
The company’s shares have been suspended since 2019, after questions were raised over the legality of its business model in China, one of its key markets. The issue came amid short selling attack by a set up called Bonitas Research.
