Ex-CEO of Pokka fined $15,000 for not declaring partial ownership of another drinks company

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Ong Eng Sing was also disqualified from acting as a director or taking part in management of a company for two years. Read more at straitstimes.com.

SINGAPORE - As the former chief executive of beverage company Pokka International, Ong Eng Sing had to declare his partial ownership of a drinks companyBut he did not, and on Monday , the 47-year-old Singaporean was fined $15,000 after pleading guilty to three charges under the Companies Act.

It was previously reported that Ong, whose wife, actress Vivian Lai, used to appear in Pokka advertisements,which is wholly owned by Pokka Corporation , in September 2018. The two Pokka entities entered into three agreements with ASC - a distribution agreement in 2010 and a distribution framework in 2017 with Pokka International, and a manufacturing agreement in 2016 with Pokka Corp.

 

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Is he the one with a celebrity wife?

the shameless greedy bugger should resign from both companies

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