Author: Mak Yuen Teen

The board has many questions to answer regarding the decisions it has made in relation to the two transactions culminating in its present 70% stake in JOES, the lack of disclosure by the company on the defamation suit, and its response to the outcome of the defamation suit.

By Mak Yuen Teen On April 7, news broke about S11 Dormitory @ Punggol and Westlite Toh Guan Dormitories being gazetted as isolation areas following a spike in COVID-19 cases.  Nearly 20,000 workers across the two dormitories...

The destruction in shareholder value is hard enough to take – the lack of accountability just adds salt to the wound.

If Tee International truly wants to regain investor confidence and improve its internal controls and corporate governance, it needs to do more than what it has proposed.

SGX should also be asking the ASTI board to provide details of the search that it has done to find a replacement for Dato’ Loh, which has yielded no success after nearly one year.