IN an unprecedented move, the Singapore Exchange RegCo on Friday warned three former independent directors of Camsing Healthcare that it will assess their suitability for appointment as a director or executive officer in any issue on the SGX.
The three independent directors are Kenneth Chin Hock Raphael Lau, Maurice Tan Huck Liang, and Ong Wei Jin, who resigned from Camsing Healthcare with effect from March 20. This took place after the company's auditors flagged various audit matters to the company for the financial year ended Jan 31, 2019.
SGX RegCo is also requiring the company to appoint a special auditor to investigate audit matters raised previously by the company's auditors during the course of the audit for the financial year ended Jan 31, with the appointment of the special auditor and scope of the special audit subject to SGX RegCo's approval.
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