Singapore Exchange regulatory arm probes firm linked to Mirzan Mahathir

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Title : Singapore Exchange regulatory arm probes firm linked to Mirzan Mahathir
Category : Malaysians

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Singapore Exchange regulatory arm probes firm linked to Mirzan Mahathir

Malaysiakini:

S'pore Exchange regulatory arm probes firm linked to Mirzan Mahathir

SBI Offshore, whose executive chairperson is former prime minister Dr Mahathir Mohamad’s son Mirzan Mahathir, is being investigated by SGX RegCo for potential listing rule breaches and potential contravention of directors’ fiduciary duties.

This comes after the release of a special audit on the company by RSM Corporate Advisory.

SGX RegCo, which is the regulatory arm of the Singapore Exchange, has been monitoring SBI Offshore for years, as reported by The Edge Singapore.

Malaysiakini:

S'pore Exchange regulatory arm probes firm linked to Mirzan Mahathir

SBI Offshore, whose executive chairperson is former prime minister Dr Mahathir Mohamad’s son Mirzan Mahathir, is being investigated by SGX RegCo for potential listing rule breaches and potential contravention of directors’ fiduciary duties.

This comes after the release of a special audit on the company by RSM Corporate Advisory.

SGX RegCo, which is the regulatory arm of the Singapore Exchange, has been monitoring SBI Offshore for years, as reported by The Edge Singapore.


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