OxPay Financial Limited (SG:TVV) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
OxPay Financial Limited’s Non-Executive Non-Independent Chairman, Mr. Ching Chiat Kwong, has been named in a corruption investigation in Venice, according to various articles. Mr. Ching contends that his involvement in the alleged corruption regarding real estate investments was part of standard procedures, emphasizing that no formal negotiations or evidence of wrongdoing have been established. The company has highlighted that Mr. Ching’s acquisition of Palazzo Papadopoli followed transparent and competitive processes, countering allegations of illicit agreements.
For further insights into SG:TVV stock, check out TipRanks’ Stock Analysis page.