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V2Y Corporation Investigates Financial Discrepancies Amid Director’s Exit

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V2Y Corporation Investigates Financial Discrepancies Amid Director’s Exit

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An update from V2Y Corporation Ltd. ( (SG:V2Y) ) is now available.

V2Y Corporation Ltd has announced the cessation of Mr. Felix Ang as a non-independent non-executive director, following a whistleblowing complaint. The company is investigating an outstanding sum of S$505,909.51 owed to Mr. Ang, and is seeking legal advice and further documentation related to the complaint. The Audit Committee members who investigated the complaint have resigned, and Mr. Ang has agreed to cooperate with the ongoing investigation. There are no unresolved differences in opinion on material matters between Mr. Ang and the Board.

More about V2Y Corporation Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: S$3.71M

Find detailed analytics on V2Y stock on TipRanks’ Stock Analysis page.

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