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Sinjia Land CEO, in midst of executing US$2 bil RTO deal, assisting with CAD and MAS probe

The Edge Singapore
The Edge Singapore • 2 min read
Sinjia Land CEO, in midst of executing US$2 bil RTO deal, assisting with CAD and MAS probe
Sinjia Land says it will provide full cooperation to CAD and MAS.
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Cheong Weixiong, executive director and CEO of Sinjia Land, has been called to assist in unspecified investigations by the authorities.

In an SGX filing on July 20, the company, which operates hostels, says Cheong was interviewed by the Commercial Affairs Department on July 19.

The company has also received a letter dated July 19 from the CAD and the Monetary Authority of Singapore to provide “certain information and documents” for a probe into an offence under the Securities and Futures Act.

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