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Live News REGULATION ARTICLE M impact

Tuas Shares Plunge 40% After Singapore Regulator Notice

Tuas said Singapore’s Infocomm Media Development Authority issued a show-cause notice to its Simba Telecom unit, asking why certain findings should not be made against it.

TUA

Australia's Tuas ASX:TUA said on Monday Singapore's Infocomm Media Development Authority (IMDA) had issued a show-cause notice to its unit, Simba Telecom Pte, asking why the regulator should not make certain findings against it.Here are some details:($1 = 1.2774 Singapore dollars)