Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Charges involving former independent directors
Former independent director Lee Joo Hai was arrested in Malaysia and charged in Singapore. Former independent director Rajsekar Kuppuswami Mitta later pleaded guilty to a neglect-related charge linked to a 2011 SGX announcement and was fined.
2023
Additional Companies Act charges against Olivia Lum
Additional charges alleged that Lum failed to exercise diligence in discharging her duties as a director.
2022
Securities-law charges against former officers and directors
Former CEO Olivia Lum, former CFO Cho Wee Peng and four former board members were charged with alleged violations of Singapore’s Securities and Futures Act.