Published April 23, 2021, 9:33 PM
The Pilipinas VisMin Super Cup apologized to the province of Siquijor after it was put in a bad light following game-fixing allegations involving the Mystics squad.
Chief Operations Officer Rocky Chan said in a letter to Siquijor governor Zaldy Villa that the league is responsible for letting the Mystics join the ongoing Visayas leg in Alcantara, Cebu that resulted in last week’s controversial match against the Lapu-Lapu City Heroes.
Chan’s apology came after the league discovered that the Mystics, whose listed owner is a businessman named Bernard Lim and coached by Joel Palapal, never got in touch with the provincial government regarding its participation in the Visayas phase.
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31 Mar, 2021 Author Rebecca Isjwara
Singapore plans to have more stringent rules with a stronger emphasis on governance than in the U.S. for blank-check companies that seek a listing on the Asian financial center s exchange.
Singapore Exchange Ltd. started a public consultation on March 31 for a regulatory framework for listing special purpose acquisition companies, which are skeleton organizations that launch with the intention of buying and reverse merging with a private company. Under the proposed rules, investors in these companies won t be allowed to cash out as soon as the SPAC merges with a private entity, and sponsors won t be allowed to vote on a business combination, two key departures from the regulation in the U.S.