CATALIST-LISTED investment firm Pine Capital Group's board has recommended that the trading of the company's shares be suspended with immediate effect, in a Singapore Exchange filing on Thursday.
The board said it"has been looking into the allegations and needs time to gather the relevant information and take the necessary action subject to appropriate advice". Further details on the allegations and the state of affairs in ACPAM will be announced in due course, said Pine Capital, adding that it will make announcements as and when appropriate to update shareholders on the matter.
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