Brief: SBI Offshore lodges a report with Commercial Affairs Department

SBI Offshore

15/09/2016 12:34

Sept 15 (Reuters) - SBI Offshore Ltd  SBIO.SI : 
 
 * Lodgement of report with Commercial Affairs Department 
 * Board has appointed a special investigation committee 
 * Says committee is mandated to investigate as well as to take actions as are 
necessary 
 * Has lodged a report with commercial affairs department of Singapore 
police force 
 * Special investigation committee to lead co's investigation in respect of PWC 
findings on NPT transactions dated 6 September 2016 
 * Lodged report in relation to possible breach of securities laws or other 
offences, or other potential breaches 
 * Refers to the announcements to the sgx on 10 September 2016 and 15 September 
2016 
 * Full extent of the possible breach of securities laws or other offences, or 
other potential breaches has yet to be determined 
 * Lodged report related to breach involving purchase & sale of 35% shares in 
China-incorporated jiangyin neptune marine appliance 
 * Source text for Eikon  ID:nSNZ3gvLmR  
 
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