New Silkroutes Group

Finance director William Teo Thiam Chuan has quit as well

William Teo Thiam Chuan, NSG's finance director, is assisting in the investigation as well.

Teho International named Oo's involvement in the CAD probes

SINGAPORE (Mar 25): New Silkroutes Group has sold its entire stake in its oil trading division International Energy Group (IEG) to TK Energy for US$10 million ($13.5 million) in cash.

SINGAPORE (Feb 14): New Silkroutes Group reported an 84% fall in 2Q earnings to US$22,000 ($30,000) from US$135,000 a year ago.

SINGAPORE (May 10): New Silkroutes Group (NSG) has recorded earnings of US$0.08 million ($0.11 million) in 3Q18 compared to a loss of US$0.29 million in 3Q17.

SINGAPORE (Feb 23): New Silkroutes Group (NSG) announced that it has entered into a memorandum of understanding (MOU) to acquire two Shanghai-based firms that manufacture polypropylene fabrics, polyester wadding and related products for a consideration of

SINGAPORE (Feb 12): New Silkroutes Group is back in the black ater closing 2Q18 with earnings of US$87,000 ($0.1 million) compared to a loss of US$0.3 million a year ago, which the group says marks its first quarterly net profit in more than three years.

SINGAPORE (Dec 26): New Silkroutes Group today announced that it is extending its trading suspension as it remains to be in active negotiations with various parties on potential investments into the group, as well as acquisitions by the group. 

SINGAPORE (Oct 19): New Silkroutes Capital (NSC), the investment arm of New Silkroutes Group (NSG), is acquiring a 66% stake in European fund manager Culross Global Holdings.