HOTEL Properties Limited requested a trading halt before the market opened on Friday (Oct 4) pending the release of an announcement as its managing director, Ong Beng Seng, is to be charged on the same day.
According to the judiciary website, the property tycoon’s criminal mention is scheduled on Friday afternoon.
He is expected to be slapped with one charge under Section 165 where he is accused of abetting a public servant in obtaining of gifts, and one charge of obstruction of justice.
Ong was named in several charges to which former transport minister S Iswaran pleaded guilty.
