Vin's Holdings Updates On Ongoing Investigations Into Irregular Transactions

About this update from Vin's Holdings Ltd

Vin's Holdings Ltd SGX:VIN:ONGOING INVESTIGATIONS INTO IRREGULAR TRANSACTIONSPRELIMINARY FINDINGS SHOW EX-EMPLOYEE OVERRODE CERTAIN INTERNAL CONTROLS TO FACILITATE EXECUTION OF LETTER OF ENGAGEMENTS, OTHERSNOTICED ON 16 APRIL CERTAIN IRREGULAR TRANSACTIONS INVOLVING PAYMENT MADE TO INVOICES ISSUED TO COMPANY'S UNITINVESTIGATIONS STILL ONGOING TO DETERMINE ANY OTHER INSTANCES OF IRREGULAR TRANSACTIONSAS AT APRIL 23, CO HAS UNCOVERED THAT S$44,300 PAID TO VIN'S CREDIT PTE. LTD. AND VIN'S AUTOMOTIVE GROUP PTE. LTD

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