Charges laid in Singapore against PGG Wrightson chair Lee Joo Hai came as a surprise in New Zealand, but they follow one of the country’s biggest corporate scandals.
Water treatment company Hyflux was a market darling in Singapore, until it all came crashing down.
The announcement from NZX-listed farm services company PGG Wrightson appeared out of the blue.
Its chair Lee Joo Hai had been charged with breaches of securities law in Singapore, the company said, “in respect to potential lapses in relevant disclosures related to a Singaporean listed company,
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