Singapore

STARBURST Holdings executive chairman Edward Lim Chin Wah and managing director Yap Tin Foo are being investigated in relation to "corrupt transactions with agents", the Catalist-listed firm said on Wednesday, in response to queries from the Singapore Exchange on Monday.

Starburst had announced on Nov 15 that Mr Lim, Mr Yap, and senior project manager Josiah Lawrence Ng Eng Long were on bail amid an investigation by the Corrupt Practices Investigation Bureau (CPIB), related to the affairs of wholly-owned unit Starburst Engineering Pte Ltd.