Singapore Post fires CEO and CFO for mishandling whistleblower report, causing shares to slump

From Investing.com: 2024-12-22 20:04:24

Singapore Post shares tumbled after CEO and two executives were fired for mishandling a whistleblower report. The company’s stock fell over 8% to S$0.505, hitting its lowest point since November. An investigation revealed negligence in handling internal probes. The board lost confidence in the executives’ judgment and ability to protect the company’s interests.



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