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