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Singamas shares plunge after US DOJ allegations against CEO Teo Siong Seng
The shipping veteran is one of seven executives the US has accused of colluding to fix the prices of dry containers. Read more at straitstimes.com. Read more at straitstimes.com.
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straitstimes.com
Singaporean among shipping execs accused of price fixing in the US
Seven shipping container executives, including Teo Siong Seng, face US accusations of colluding to fix dry container prices, potentially doubling costs. Read more at…
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channelnewsasia.com
Industry veteran Teo Siong Seng among seven shipping execs accused of price-fixing in the US
Teo Siong Seng and other shipping executives and companies have been accused by the US of conspiring to restrict the output and fix the prices of dry shipping containers.
