Archive for the ‘Editorial’ Category
CAD probes trading irregularities in shares of 3 companies
In a short statement yesterday (2 Apr), the Commercial Affairs Department (CAD) said it has commenced investigations on trading irregularities in the listed shares of Asiasons Capital, Blumont Group and LionGold. It is investigating for possible breaches of the Securities and Futures Act (Cap. 289). CAD said that it is working...
Parliamentary committee concerned about procurement lapses
President Tony Tan was Chairman of NRF from 2006 to 2011. In a Straits Times article today ('Public bodies rapped over lack of diligence in tenders', 2 Apr), Parliament's Public Accounts Committee is reportedly worried about the way some public sector organisations conduct their tender exercises. They are still not diligent...
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