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JES International Holdings (JES SP)

Year: 2015

Last Updated: 18 May, 2026

Chinese shipbuilder JES International was listed in Singapore in December 2007. After years of deteriorating financial performance, its shares were suspended in March 2015 amid a proposed restructuring of its Chinese operations. Shortly thereafter, the founder resigned and refused to cooperate with an independent investigation. New management uncovered evidence of unauthorised payments, but the records subsequently went missing. The business was later sold, and the shares were delisted in February 2025.

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