ACCRELIST is scrapping its proposed acquisition of Liaoning Mealplus Technology, a developer of software and machinery for the food and beverage industry, after more than two years of negotiations fell through.

CATALIST-LISTED Accrelist on Tuesday said it has scrapped plans to exercise its conversion right under the S$4 million convertible loan extended by Singapore Rixin Zhonghe Investment.

A S$5,000 hongbao (red packet) to a customer has become a focal point in a recent Corrupt Practices Investigation Bureau (CPIB) probe involving Terence Tea, the executive chairman of Accrelist and its subsidiary Jubilee Industries Holdings, along with two Jubilee senior management staff.

SINGAPORE (Mar 9): Accrelist has on Mar 6 answered to queries from Singapore Exchange (SGX), after the group avoided most of the questions on Mar 5. See: Accrelist declines to spill the tea on alleged corruption offence To recap, Accrelist’s executive chairman Terence Tea along with two other Jub...

A S$5,000 hongbao (red packet) to a customer was one of the focal points in a recent <a href="https://www.businesstimes.com.sg/companies-markets/accrelist-chairman-as... Practices Investigation Bureau (CPIB) probe</a> involving the executive chairman of Accrelist and its subsi...

SINGAPORE (Mar 5): Terence Tea, executive chairman of Accrelist and its subsidiary Jubilee Industries, along with two other Jubilee senior management, had been requested on Feb 25 by the Corrupt Practices Investigation Bureau (CPIB) to assist with a probe, according to a Mar 3 announcement. Howeve...

ACCRELIST and&nbsp;its subsidiary Jubilee Industries said that they have no relationship with the individuals who own the remaining 30 per cent stake in&nbsp;Honfoong Plastic Industries, which is linked to a&nbsp;probe by the Corrupt Practices Investigation Bureau (CPIB), accordi...

THE following companies saw new developments that may affect trading of their securities on Thursday:

TERENCE Tea, the executive chairman of Catalist-listed Accrelist and its subsidiary Jubilee Industries Holdings, has been asked to assist with a probe by the Corrupt Practices Investigation Bureau (CPIB).

THE executive chairman of Accrelist Ltd and Jubilee Industries Holdings, along with two Jubilee senior management staff, were requested on Feb 25 to assist with Corrupt Practices Investigation Bureau (CPIB) investigations.