Lian Beng says property in JTC probe is owned by 80%-owned subsidiary

Lian Beng Group says that Leng Kee Autopoint, the property in the probe by JTC Corporation, is held by an 80%-owned subsidiary of the group. The remaining 20% is owned by an independent third party.

According to a report by The Straits Times on Oct 25, JTC Corporation was said to be investigating “an industrial landlord” for leasing out a building in Leng Kee Road illegally.