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An announcement from Asia-Pacific Strategic Investments Limited ( (SG:5RA) ) is now available.
Asia-Pacific Strategic Investments Limited has announced that two of its executives, Dato’ Choo and Mr. Lee, have been arrested in connection with an investigation into potential offences under Section 409 of the Penal Code, which involves criminal breach of trust. Both executives have been released on bail and are cooperating with the investigation. The company’s Nominating Committee is assessing their suitability to continue in their roles, and shareholders are advised to exercise caution when trading shares.
More about Asia-Pacific Strategic Investments Limited
Current Market Cap: S$17.83M
Learn more about 5RA stock on TipRanks’ Stock Analysis page.