Commercial Affairs Department (CAD)

SINGAPORE (July 8): Sembcorp Marine (SembMarine) has lodged a suspicious transaction report linked to ex-employee Martin Cheah Kok Choon with the Commercial Affairs Department of the Singapore Police Force.

SINGAPORE (May 30): Allied Technologies says the Commercial Affairs Department (CAD) has seized information, records and documents on the group and its subsidiaries – as well as on its escrow account with JLC Advisors, from which some $33 million is all

SINGAPORE (May 27): Jeffrey Ong, managing partner of law firm JLC Advisors, may have given instructions to pay out a sum of $33.2 million held in escrow by his firm for a client, Allied Technologies. According to Allied’s statement filed with Singapore

SINGAPORE (April 2): Singapore’s authorities say they will continue their investigation into Midas Holdings’ former directors and officers in the event that the insolvent company winds up.

SINGAPORE (Mar 22): If there’s one story published by The Edge Singapore that I will never forget, it will probably be “Hunting for the truth” (Issue 641, Sept 1, 2014). The piece was intended to mark the first anniversary of the steep rise and sudd

SINGAPORE (Feb 4): On Jan 25, Singapore Exchange Regulation (SGX RegCo) briefed several journalists about its plans to play a more active role in determining the scope of statutory audits of locally listed companies, and beef up its capabilities to scruti

SINGAPORE (Jan 10): Raffles United Holdings is seeking to raise up to $11.7 million by proposing to undertake a renounceable, non-underwritten rights issue of up to 234 million new rights shares at 5 cents each.

SINGAPORE (Dec 21): The past weeks have been rough for coffee shop chain operator Kimly, whose IPO on Catalist last year was among the most sought after. The group’s first major acquisition since its listing on Catalist has been rescinded.

SINGAPORE (Dec 7): Noble Group said it intends to go ahead and complete the restructuring by “an alternative process” without the transfer of the company’s listing status to New Noble.

SINGAPORE (Dec 6): The Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have decided not to allow Noble Group to transfer its listing status to New Noble as part of group’s proposed restructuring.