Another short-selling victim


My character is more academic and I don

Report accuses Singapore-listed Silverlake of inflating earnings

SELF-MADE billionaire Goh Peng Ooi was in the news in the past week for the wrong reasons. Goh and his Singapore Stock Exchange-listed software solutions company, Silverlake Axis Ltd, were accused of shady deals that inflated the latter’s earnings in a report that was released on the night of Aug 20.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IBM nears US$11bil Confluent deal to boost cloud push, WSJ reports
XOX Technology to be renamed Nova Technology from Dec 9
China's exports top expectations on strong sales to non-US markets
MISC wins contract to supply floating production unit for Brunei gas project
FBM KLCI stays in the red at midday amid broad-based selling
RAM Ratings: 3Q25 bank profitability edges up on lower loan provisions
Trump says he'll be involved in review of Netflix-Warner Brothers deal
Japan's Q3 GDP contraction worsens on weak capex; unlikely to sway BOJ on rate hike�
ACSR sets out approach for non-compliance to sustainability reporting requirements
Malaysia’s banking sector resilient amid tariff pressures, expected to hold steady in 2026

Others Also Read