Amplefield Ltd : On 30 Nov 2016, Market Misconduct Tribunal Of Hong Kong handed down its written report of proceedings dated 29th November 2016 . MMT confirmed that breaches caused by negligence of Cheok were not caused by either reckless or intentional misconduct . Refers to announcement regarding legal proceedings involving an independent non-executive director of co issued by co on 30 May 2016 .Board consider that report will not have any material effect on business or operations of co or Cheok's role as chairman of company.
Amplefield Ltd : Consideration for sale shares shall be the aggregate amount of SGD 1.8 million payable in four quarterly payments . Company has entered into a sale and purchase agreement with CMP Mechatronics Inc. . Pursuant to deal co agreed to sell all of co's interest in the equity and share capital in cam mechatronic and its associate companies .