Two Singapore firms fined for breaching Companies Act

SINGAPORE - Two local firms - Data Register and its associated company Singapore Data Register - have been convicted and fined a total of S$4,500 by the State Courts on June 4, the Accounting and Corporate Regulatory Authority said in a statement on Tuesday.

"The letters had led to public disquiet with many members of the public mistakenly assuming that Data Register was linked to Acra, and that they were obliged to provide the requested information," Acra said. Investigations revealed that since 2014, Data Register had pursued those businesses that had subscribed to its services to demand that these subscribers make payment to Singapore Data Register for outstanding fees between August and October 2018, Acra said.

In November 2013, Acra said an entity calling itself the Singapore Company Register had been requesting companies to verify their details with it, but that Acra has"no links whatsoever" to the entity and was investigating the matter.

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