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Ex-Hyflux CEO charged with additional offences under Companies Act

The charges relate to Hyflux's failure to disclose US$114.5m (approximately S$153.5m) worth of bank deposits that Hyflux had undertaken not to withdraw, as restricted bank balances. ....

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SPF | Former CEO of Hyflux Ltd Charged with Additional Offences under the Companies Act and another Independent Director of Hyflux Ltd Charged with an Offence under the Securities and Futures Act

Following further investigations by the Commercial Affairs Department (CAD) of the Singapore Police Force, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA), the former Chief Executive Officer of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, was charged in court today with additional offences under the Companies Act (Cap 50, 2006 Rev. Ed.)(CA), in relation to her failure to exercise reasonable diligence in the discharge of her duties as a director. ....

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Former CEO of Hyflux Ltd charged with additional offences under the Companies Act and another independent director of Hyflux Ltd charged with an offence under the Securities and Futures Act

Former CEO of Hyflux Ltd charged with additional offences under the Companies Act and another independent director of Hyflux Ltd charged with an offence under the Securities and Futures Act
mas.gov.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mas.gov.sg Daily Mail and Mail on Sunday newspapers.

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MAS fines Noble Group $12.6m for misleading disclosures

The firm was Asia's largest commodity trader before its collapse and restructuring after billions of dollars in losses.
Read more at straitstimes.com. ....

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Singapore Authorities Take Actions Against Noble Group Limited And Former Directors Of Noble Resources International Pte Ltd

<p><span>The Monetary Authority of Singapore (MAS), Accounting and Corporate Regulatory Authority (ACRA), and Commercial Affairs Department (CAD) of the Singapore Police Force (SPF) have concluded their joint investigations into Noble Group Limited (NGL) and Noble Resources International Pte Ltd (NRI), which was NGL’s wholly owned subsidiary in Singapore at the material time. </span></p> ....

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