SINGAPORE (May 19): The board of Universal Resource and Services had filed a report with the Commercial Affairs Department, following the release of a special audit which suggested that insiders of the company were in a “scheme of deceit”. The company had similarly submitted the same special aud...

SINGAPORE (May 18): A special audit released earlier today has shown that internal controls at Universal Resource and Services Limited had failed, leading to discrepancies in its financial records over a significant period.  Coupled with multiple false disclosure to the investment public, a “syst...

UNIVERSAL Resource and Services said in a regulatory filing on Tuesday that it is seeking legal advice to pursue losses after irregularities in the cash and bank balances of its Chinese subsidiary, Sky Petroleum Technology Development (Tianjin), surfaced in a special audit report.

UNIVERSAL Resource and Services said in a regulatory filing on Tuesday that it is seeking legal advice to pursue losses after irregularities in the cash and bank balances of its Chinese subsidiary, Sky Petroleum Technology Development (Tianjin), surfaced in a special audit report. 

THE Singapore Exchange Regulation (SGX RegCo) is reviewing findings by Moore Stephens, the special auditors of Universal Resource and Services, concerning irregularities in the cash and bank balances of the company's Chinese subsidiary, Sky Petroleum Technology Development (Tianjin). ...

THE Singapore Exchange Regulation (SGX RegCo) is reviewing findings by Moore Stephens, the special auditors of Universal Resource and Services,  concerning irregularities in the cash and bank balances of the company’s Chinese subsidiary, Sky Petroleum Technology Development (Tianjin).