Recent charges linked to 2019 investigations: No Signboard CEO

The CEO faced charges over alleged price rigging.

After facing fresh raps on alleged Securities and Futures Act (SFA) violations, No Signboard Holdings CEO Lim Yong Sim clarified to stakeholders that these charges were related to previous probes.

In a bourse filing, No Signboard’s CEO said he “was not provided with any information to give him any reason to believe otherwise.”

Lim was also ordered not to help in any other investigations or interviews with the CAD.

The No Signboard management said they are “ in the process of formulating its view on Lim's suitability to remain as a board member and key management of the Company.” An update will be made on 2 August 2023.

If found guilty, Lim could be charged with a $250,000 fine or imprisoned for seven years.

Follow the link for more news on

No Signboard

securities

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia