Starburst chairman, MD, CFO interviewed in corruption probe

Singapore

SHARES of Starburst Holdings, which designs and installs anti-ricochet ballistic protection systems, plunged on Monday after it disclosed that its co-founders are out on bail amid a probe by Singapore's anti-corruption watchdog.

The Corrupt Practices Investigation Bureau (CPIB) last Thursday interviewed executive chairman Edward Lim Chin Wah, managing director Yap Tin Foo, chief financial officer (CFO) Wu Guangyi, and senior project manager Josiah Lawrence Ng Eng Long.

This was in relation to the Catalist-listed firm's wholly-owned subsidiary Sta…

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