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The latest announcement is out from Nam Lee Pressed Metal Industries Limited ( (SG:G0I) ).
Nam Lee Pressed Metal Industries Limited has updated the market on the status of its managing director, Eric Yong, who was previously interviewed by Singapore’s Corrupt Practices Investigation Bureau following a whistleblowing report alleging misconduct. The board reported that Yong has informed the Nominating Committee chairman that the CPIB has advised him no further action will be taken, though the company continues to urge shareholders and potential investors to exercise caution when dealing in its securities, underscoring ongoing sensitivity around governance and investor confidence.
More about Nam Lee Pressed Metal Industries Limited
Nam Lee Pressed Metal Industries Limited is a Singapore-incorporated company operating in the pressed metal and related manufacturing sector through its group subsidiaries. The company serves industrial and commercial customers with metal fabrication products and solutions, positioning itself as a key player in its niche manufacturing segment.
Average Trading Volume: 268,400
Technical Sentiment Signal: Buy
Current Market Cap: S$156.1M
For an in-depth examination of G0I stock, go to TipRanks’ Overview page.