The group also breached Catalist rule 703(1)(a) by failing to disclose that its half-year results were “false and misleading”. This fact, which was said to be known to the company, was important in order to avoid establishing a “false market” in the company’s securities.
The Singapore Exchange (SGX:S68
) Securities Trading Limited (SGX-ST) Listings Disciplinary Committee (LDC) has issued a public reprimand to Y Ventures Group (SGX:1F1) .
The group was said to have breached SGX’s Catalist rule 703(4)(a) by releasing its unaudited financial statements for the 1HFY2018 ended June 30, 2018. The results were said to have been inaccurate and non-factual with material errors and, or omissions.
