Singapore arrests restaurant chain CEO for suspected trading breach


  • Business
  • Thursday, 02 May 2019

No Signboard Holdings chief executive officer Sam Lim Yong Sim, Photo: The Straits Times

SINGAPORE (Bloomberg): The head of Singapore restaurant chain No Signboard Holdings Ltd was arrested on "reasonable suspicion” of breaching the Securities and Futures Act.

Chief executive officer Lim Yong Sim was arrested and released on bail, the restaurant known in the city-state for its signature white pepper crab dish said in a statement on Thursday.

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