Monday, July 22, 2013

See Hup Seng

See Hup Seng (SHS): Company requested for a trading halt; Latest news was last week on 17 Jul when key executives of wholly owned subsidiary TAT Petroleum threatened to quit if their chairman Jimmy Tan is ousted as MD of SHS at the 22 July EGM. Jimmy Tan has clashed with SHS’s founder Thomas Lim, who is not supporting the latter’s re-election over differing views over the direction of the company.

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