Regulatory Actions By SGX::SGX issues warnings against Xpress Holdings and its ex-CEO

Issuer & Securities

Issuer/ Manager
XPRESS HOLDINGS LTD
Securities
XPRESS HOLDINGS LTD - SG1G74871706 - I04
Stapled Security
No

Announcement Details

Announcement Title
Regulatory Actions By SGX
Date &Time of Broadcast
21-May-2015 17:20:29
Status
New
Announcement Sub Title
SGX issues warnings against Xpress Holdings and its ex-CEO
Announcement Reference
SG150521OTHR6XTJ
Submitted By (Co./ Ind. Name)
Frieda Choong
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
SGX has issued a warning to Xpress Holdings Limited (Xpress) for breaches of Listing Rule 704(20), which requires a company to immediately disclose winding-up applications filed against it or its subsidiaries. Xpress did not make immediate disclosure of two winding-up applications filed against the company and its subsidiary, Xpress Print Pte Ltd. SGX also issued a warning to Fong Kah Kuen alias Foong Kah Kuen (Mr Fong), Xpress' former Executive Chairman and CEO, for his role in relation to the breaches of Listing Rule 704(20). Please refer to the announcement attached.

Attachments