THE Accounting and Corporate Regulatory Authority of Singapore (ACRA) is investigating current and former employees of Astaka Holdings and has asked the property developer for more information relating to these individuals.

PROPERTY developer Astaka Holdings has entered into a non-binding memorandum of understanding (MOU) through its subsidiary Astaka Padu with Malaysian company DMR Holdings for a potential collaboration to jointly undertake land development projects in Johor, Malaysia.

ASTAKA Holdings' current executive director and former chief executive Zamani bin Kasim has been ordered by the Singapore Exchange (SGX) to resign from all his current positions, for having caused the company to breach Catalist rules.

ASTAKA Holdings' current executive director and former chief executive Zamani Bin Kasim has been ordered by the Singapore Exchange (SGX) to resign from all his current positions for causing the company to breach Catalist rules. SGX also reprimanded the group for failure to disclose th...