Post by oldman on Apr 5, 2014 5:17:32 GMT 7
Would not be surprised that this is also part of the BAL investigations......
ORDER TO COMPANY FOR PROVISION OF INFORMATION AND DOCUMENTS
The Board of Directors (the “Board”) of Annica Holdings Limited (the “Company”) wishes to
announce that it has received a notice dated 3 April 2014 from the Commercial Affairs Department
(“CAD”) stating that it is conducting investigations into an offence under the Securities and Futures
Act (Cap. 289) and that it requires access to the following for the period from 1 January 2011 to 3
April 2014:
(i) all records pertaining to securities trading;
(ii) all records in relation to accounts held with financial institutions;
(iii) all corporate electronic data, information technology equipment and data storage devices
belonging to the current directors and Mr. Lim Meng Check; and
(iv) any other relevant documents.
Mr. Edwin Sugiarto, the Company’s Chairman and Executive Director, was interviewed by CAD
officers in relation to its investigations. His passport has been impounded and he is currently on police
bail. Mr. Goh Hin Calm, an Independent and Non-Executive Director of the Company, is assisting the
CAD with its investigations.
The Company’s subsidiaries, Industrial Power Technology Pte Ltd (“IPT”) and PJ Services Pte. Ltd
(“PJ”), have also each received a similar notice dated 3 April 2014 from the CAD, requiring them to
provide the CAD with access to the following for the period from 1 January 2011 to 3 April 2014:
(a) in the case of IPT:
(i) all corporate electronic data, information technology equipment and data storage devices
belonging to Mr. Edwin Sugiarto; and
(ii) any other relevant documents; and
(b) in the case of PJ:
(i) all corporate electronic data, information technology equipment and data storage devices
belonging to Mr. Lim Meng Check and Mr. Edwin Sugiarto; and
(ii) any other relevant documents.
Mr. Lim Meng Check was the previous Chief Executive Officer and Executive Director of the Company
and was also previously a director of PJ. He resigned from the Company and PJ on 31 January 2013.
The CAD has not given the Company any further details of its investigations and the Board is
currently not aware if any offence has been committed.
The Company intends to co-operate fully and extend all necessary assistance to the relevant
authorities. Apart from the information and documents already provided to the CAD, the Board has
instructed that all other relevant information and documents are to be collated and provided to the
CAD.
The business and operations of the Company and its subsidiaries are not affected by the
investigations and will continue as normal.
The Company will monitor the progress of the investigations and make such further announcements
as required.
By Order of the Board
Augustine A/L T.K James
Lead Independent Director
4 April 2014
ORDER TO COMPANY FOR PROVISION OF INFORMATION AND DOCUMENTS
The Board of Directors (the “Board”) of Annica Holdings Limited (the “Company”) wishes to
announce that it has received a notice dated 3 April 2014 from the Commercial Affairs Department
(“CAD”) stating that it is conducting investigations into an offence under the Securities and Futures
Act (Cap. 289) and that it requires access to the following for the period from 1 January 2011 to 3
April 2014:
(i) all records pertaining to securities trading;
(ii) all records in relation to accounts held with financial institutions;
(iii) all corporate electronic data, information technology equipment and data storage devices
belonging to the current directors and Mr. Lim Meng Check; and
(iv) any other relevant documents.
Mr. Edwin Sugiarto, the Company’s Chairman and Executive Director, was interviewed by CAD
officers in relation to its investigations. His passport has been impounded and he is currently on police
bail. Mr. Goh Hin Calm, an Independent and Non-Executive Director of the Company, is assisting the
CAD with its investigations.
The Company’s subsidiaries, Industrial Power Technology Pte Ltd (“IPT”) and PJ Services Pte. Ltd
(“PJ”), have also each received a similar notice dated 3 April 2014 from the CAD, requiring them to
provide the CAD with access to the following for the period from 1 January 2011 to 3 April 2014:
(a) in the case of IPT:
(i) all corporate electronic data, information technology equipment and data storage devices
belonging to Mr. Edwin Sugiarto; and
(ii) any other relevant documents; and
(b) in the case of PJ:
(i) all corporate electronic data, information technology equipment and data storage devices
belonging to Mr. Lim Meng Check and Mr. Edwin Sugiarto; and
(ii) any other relevant documents.
Mr. Lim Meng Check was the previous Chief Executive Officer and Executive Director of the Company
and was also previously a director of PJ. He resigned from the Company and PJ on 31 January 2013.
The CAD has not given the Company any further details of its investigations and the Board is
currently not aware if any offence has been committed.
The Company intends to co-operate fully and extend all necessary assistance to the relevant
authorities. Apart from the information and documents already provided to the CAD, the Board has
instructed that all other relevant information and documents are to be collated and provided to the
CAD.
The business and operations of the Company and its subsidiaries are not affected by the
investigations and will continue as normal.
The Company will monitor the progress of the investigations and make such further announcements
as required.
By Order of the Board
Augustine A/L T.K James
Lead Independent Director
4 April 2014