SINGAMAS Issues Supplemental Announcement on Alleged Price-Fixing of Unrefrigerated Shipping Containers

Bulletin Express

May 21

Singamas Container Holdings Limited (SINGAMAS) released a supplemental announcement dated 21 May 2026, clarifying that the previously disclosed “Matter” concerns an allegation of conspiring to restrict the output of, and fix the price of, certain unrefrigerated shipping containers.

The company referenced earlier announcements issued on 30 April 2026 and 20 May 2026 and advised shareholders and potential investors to exercise caution when dealing in its securities.

The notice was authorised by the Board of SINGAMAS, with Executive Director and Company Secretary Chung Pui King, Rebecca signing the statement in Hong Kong. The Board currently comprises three executive directors (Teo Siong Seng; Siu Wai Yee, Winnie; Chung Pui King, Rebecca), one non-executive director (Ng Wai Lim), and three independent non-executive directors (Ho Teck Cheong; Lam Sze Ken, Kenneth; Wong Sau Pik).

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