SINGAPORE - The Singapore Exchange has said that investigations should be undertaken, where necessary, on the suitability of professional advisory services firm Axington's board of directors, which includes Ms Evangeline Shen of the Bellagraph Nova Group that is making a bid for Newcastle football club.. Read more at straitstimes.com.
SINGAPORE - The Singapore Exchange has said that investigations should be undertaken, where necessary, on the suitability of professional advisory services firm Axington's board of directors, which includes Ms Evangeline Shen of the Bellagraph Nova Group that is making a bid for English Premier League club Newcastle United.
Ms Shen is the non-independent non-executive chairman of Axington, a Catalist-listed company in Singapore. "In general, all directors appointed to the board of a Catalist issuer are required to be assessed by the issuer's nominating committee and continuing sponsor to be suitable to sit on the issuer's board, taking into account their experience, expertise, character and integrity," said SGX on Monday .
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