TREK 2000 International’s founder Henn Tan on Monday pleaded guilty to two counts of recklessly failing to make immediate announcements on interested person transactions. The 63-year-old was fined S$80,000. Read more at The Business Times.
A photo of Henn Tan, chief executive officer and chairman of Trek 2000, taken before masking up was mandatory.TREK 2000 International’s founder Henn Tan on Monday pleaded guilty to two counts of recklessly failing to make immediate announcements on interested person transactions. The 63-year-old was fined S$80,000.
As the then-chief executive officer of the mainboard-listed technology firm, Tan in 2010 and 2013 recklessly failed to make the required immediate announcements on 24 interested person transactions relating to sales between the group and related companies S-Com Solutions and T-Data Systems.
Tan stepped down in May 2018 as CEO of Trek 2000, but has remained as chairman emeritus of the company. His son, Wayne Tan Joon Yong, is the group president and executive director.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Germany reports more than 2,000 COVID-19 cases in 24 hoursThe number of confirmed coronavirus cases in Germany increased by 2,034 to 232,082, data from the Robert Koch Institute (RKI) for infectious ...
Read more »
13 dead in crush at Peru party raided over coronavirus violationsLIMA (AFP) - At least 13 people suffocated in a crush during a raid on a nightclub in Peru's capital where a party was being held despite a coronavirus ban on such gatherings, police said.. Read more at straitstimes.com.
Read more »
Parliament committed to holding Government accountable to S'poreans: Speaker Tan Chuan-JinSINGAPORE - Regardless of the crisis or challenge facing the nation, Parliament remains committed to upholding the democratic process of holding the Government of the day accountable to Singaporeans, Speaker of Parliament Tan Chuan-Jin said on Saturday (Aug 22), ahead of the opening of Parliament on Monday.. Read more at straitstimes.com.
Read more »
The sky is no limit for founder of home-grown space tech company. Read more at straitstimes.com.
Read more »
Germany reports more than 2,000 COVID-19 cases in 24 hoursThe number of confirmed coronavirus cases in Germany increased by 2,034 to 232,082, data from the Robert Koch Institute (RKI) for infectious ...
Read more »