THE judicial managers of AGV Group on Friday (May 6) responded to queries raised by the Singapore Exchange Securities Trading (SGX-ST), regarding the filing of police reports against individuals from the group’s subsidiaries for alleged mismanagement and wrongdoings.

THE Singapore Exchange (SGX) on Thursday (May 5) reprimanded Albert Ang, former executive director of AGV Group, for a breach of Catalist rules for failing to disclose his involvement in an investigation conducted by the Commercial Affairs Department (CAD).

POLICE reports have been filed against individuals from AGV Group's subsidiaries for alleged mismanagement and wrongdoings when carrying out their respective duties.

CATALIST-LISTED AGV Group's 2 independent directors Choong Yoon Fatt and Wee Meng Seng said in a joint letter that they were surprised by the 2 successive attempts to call for an extraordinary general meeting (EGM) to have them removed from the board.

CATALIST-LISTED AGV Group's indirect subsidiary AGV Galvanizing has received a letter of demand for a sum of RM1.6 million (S$517,900) from RHB Bank, AGV Group announced in a bourse filing on Friday (Dec 17).

AGV Group warned that the lack of financial support amid Covid-19's impact on its business has resulted in a material uncertainty over its ability to continue as a going concern.

AGV Group warns that the lack of financial support amid Covid-19's impact on its business has resulted in a material uncertainty over its ability to continue as a going concern.

The Singapore research team at UOB Kay Hian feels there may be a turnaround in sight for AGV Group Limited. The team notes that the steel galvanising company reversed back into a positive earnings before interest, taxes, depreciation and amortisation (EBITDA) position for the FY2020 and 1HFY2021. â€...