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...

ASTAKA Holdings expects to report a net loss for FY2020 ended June 30, owing to the weak sentiment in the Malaysian residential property sector and the disruption caused by the pandemic, it said in a filing to the Singapore Exchange on Wednesday.

THE sponsor for Catalist-listed property player Astaka has said that it was not aware of any concerns which shareholders and the Singapore Exchange (SGX) should be made aware of in relation to the spate of cessations of executives and directors in the past month.

THE board of Catalist-listed property developer Astaka Holdings on Friday said that it is of the opinion that the company's shares should not be suspended because it "believes the group has the ability to continue as a going concern".

THE board of Catalist-listed property developer Astaka Holdings on Friday said that it is of the opinion that the company's securities should not be suspended, because it "believes the group has the ability to continue as a going concern".

ASTAKA Holdings is the latest among Singapore-listed property developers with projects in Johor to get flagged by its auditors regarding going concern matters.

THE independent auditors of Astaka Holdings have drawn attention to potential doubts about the company's ability to continue as a going concern, and flagged uncertainties related to the pending outcome of an independent review.