CEO and COO to help in investigations.....
ORDER FOR PROVISION OF INFORMATION AND DOCUMENTS
The board of directors (the “Board”) of ITE Electric Co Ltd (the “Company”) would like to announce that
the Company and its wholly-owned subsidiary, ITE Assets Holdings Pte Ltd (“ITE Assets”), have
received notices from the Commercial Affairs Department (“CAD”) of investigations into an offence under
the Securities and Futures Act, Cap 289.
Pursuant to the said notices, the Company and ITE Assets were requested to provide CAD with access
to information for the period from 1 January 2011 to date, relating to, inter alia, all corporate electronic
data, information technology equipment, and data storage devices belonging to ITE Assets (including all
records pertaining to securities trading and in relation to accounts held with financial institutions), Mr. Ho
Cheng Leong, Mr. Ang Cheng Gian and Mr. Goh Hin Calm, and all other relevant documents.
Mr. Ho Cheng Leong is the Chief Executive Officer and an executive director of the Company. Mr. Ang
Cheng Gian is the Chief Operating Officer and a key management staff of the Company. Mr. Goh Hin
Calm is a non-executive and independent director of the Company.
CAD has not given any further details of its investigations and the Board is not aware that any offence
has been committed. Until such time that the outcome of the investigations are known, Mr Ho Cheng
Leong, Mr. Ang Cheng Gian and Mr. Goh Hin Calm will continue to serve the Company in their
respective capacities.
The business and operations of the Company are not affected by the investigations and will continue as
usual.
The Company will monitor the progress of the investigations and make such further announcements as
required.
BY ORDER OF THE BOARD
Ho Cheng Leong
Director
3 April 2014
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