From the ST archives: Key changes at Citiraya as CEO gets the boot

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The Straits Times 1d ago

From the ST archives: Key changes at Citiraya as CEO gets the boot - The Straits Times

Quick Summary:

Questions remain as to how long the shares will stay on hold as the company’s viability remains in doubt.

And even though Mr Koh’s investment consortium is tightening its grip with the appointment of full-time executives to run Citiraya, Dr Lim was still hopeful that there will be counter-bids, as “people are still talking to us”.

Citiraya, which has been suspended from trading since late January, is under investigation by the Commercial Affairs Department and the Corrupt Practices Investigation Bureau.