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Sinostar PEC Holdings Faces Regulatory Investigation Amid Unusual Trading Activities

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Sinostar PEC Holdings Faces Regulatory Investigation Amid Unusual Trading Activities

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Sinostar PEC Holdings Limited ( (SG:C9Q) ) has provided an announcement.

Sinostar PEC Holdings Limited is currently under scrutiny following a regulatory investigation by the Monetary Authority of Singapore (MAS) concerning unusual trading activities and price movements of its shares. The investigation led to a search of the company’s premises and the detention of Mr. Yan Tai Ling, the Executive Director, Deputy CEO, and CFO, who is now on bail. The company is cooperating with the authorities as they look into the matter, which has significant implications for its market positioning and stakeholder confidence.

More about Sinostar PEC Holdings Limited

Sinostar PEC Holdings Limited is a company incorporated in the Republic of Singapore, operating in the financial sector. It is involved in trading activities and is listed on the Singapore Exchange.

Average Trading Volume: 97,146

Technical Sentiment Signal: Buy

Current Market Cap: S$142.1M

For detailed information about C9Q stock, go to TipRanks’ Stock Analysis page.

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