SINGAPORE — Healthcare provider New Silkroutes Group said on Wednesday that its executive director and former chief executive officer Goh Jin Hian, as well as finance director William Teo, are assisting the Commercial Affairs Department with investigations.
“All share buy-backs conducted by the company previously were in the ordinary course and transacted on the open market and announced in accordance with the share buy-back mandate approved by the shareholders of the company and the SGX-ST’s guidelines and regulations," it told The Business Times. In response to the SGX’s query on whether the parties named are subjects of the investigation, New Silkroutes said that as far as the company is aware, no charges have been made against the named parties.
Kelvyn Oo, its former executive director and chief corporate officer, is also assisting with investigations. He is currently an independent director of oil- and gas-related company Teho International, after leaving New Silkroutes on 1 August. He is also involved in a possible legal action on a separate matter, for breaches of director's duties at Inter-Pacific Petroleum , reported The Straits Times.
This comes to light meant this prince-ling will be acquitted or no improper conducts or non of his biz. In Singapore rich foreign Chinese already can get away with light slap on the wrist, or even scotch-free, this prince will get better. Just wa_yang lah.