Trek 2000 International Ltd (SG:5AB) has released an update.
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Trek 2000 International Ltd is embroiled in a legal dispute as its Executive Director, Wayne Tan, has been implicated in alleged fraudulent misrepresentations related to a past share purchase. Despite these allegations, the company’s Board remains confident in Tan’s integrity and ability to fulfill his role, maintaining that the company itself is not involved in the legal proceedings. Investors are advised to stay informed as the Board monitors the situation closely.
For further insights into SG:5AB stock, check out TipRanks’ Stock Analysis page.