SBI Offshore

Hui's move came barely a week after Mirzan was voted out at the company's AGM on June 29

Citing findings from the special audit, SGX RegCo will now commence detailed probes on the company.

SINGAPORE (Jan 28): The Singapore Exchange Regulation has enlisted the help of the professional body of valuers, to bring its expertise to bear when listed companies face questions over the value of assets in potential deals.

SINGAPORE (Dec 21): SGX RegCo is compelling SBI Offshore to appoint a special auditor to probe the recently completed sale of a property in China, where the transacted value was less than half of a recently appraised value.

SINGAPORE (April 3): SBI Offshore is appointing an independent auditor to investigate the unauthorised write-off of tax-related expenses payable by subsidiary Jiangyin SBI Offshore Equipment Co. (JSBI) to the parent company.

A key project that SBI Offshore announced earlier this year to diversify into the solar energy business is not viable, and its downsizing has not been properly communicated to investors, says James Lau, a former employee of the company who has been trying

SINGAPORE (Sept 15): SBI Offshore has lodged a report with the Commercial Affairs Department (CAD) of the Singapore Police Force over potential breaches over the purchase and sale of the 35% stake in Jiangyin Neptune Marine Appliance Co.