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Sinopipe Holdings (SPIP SP)

Year: 2012

Last Updated: 8 May, 2026

Chinese plastic pipe manufacturer listed on the Singapore exchange in 2005. Trading was suspended in April 2012 after its auditors, Deloitte, disclosed that there was a discrepancy between reported financial statements and SAIC filings. The subsequent forensic investigation confirmed these discrepancies, highlighting that a significant portion of receivables could not be confirmed. The shares were delisted in 2021. Sinopipe is a confirmed fraud.

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