Cao Shixuan, former director of ecoWise Holdings Limited, has been placed on the Singapore Exchange Regulation’s directors’ and executive officers’ watchlist.
EY’s findings identified Cao as the legal representative and executive director of the unconsolidated PRC subsidiaries, and was to oversee the company’s operations in the PRC.Transactions handled by Cao were unable to show clarity due to a lack of comprehensive records, whilst the former director failed to attend interviews arranged by EY.