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AGV under CAD and MAS probe

The Edge Singapore
The Edge Singapore • 2 min read
AGV under CAD and MAS probe
An unnamed director has given his statement to CAD
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SINGAPORE (July 1): Steel galvanising company AGV Group is under probe by the Commercial Affairs Department and the Monetary Authority of Singapore.

On June 30, the company was told by the authorities to provide certain information and documents in relation to an offence under the Securities and Futures Act (Chapter 289) for the period from July 1 2017 to 31 March 31 2018.

A director of the company, who wasn’t named by AGV in its announcement, has given a statement to CAD to assist in the said investigation.

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