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PGW: the Singapore situation

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.

Tim Hunter Tue, 04 Jul 2023

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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Tim Hunter Tue, 04 Jul 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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PGW: the Singapore situation
Investment,
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