CCCS Penalises Contractors for Bid Rigging of Quotations for Wildlife Reserves Singapore
The Competition and Consumer Commission of Singapore (“CCCS”) has issued an Infringement Decision (“ID”) against:
a. Shin Yong Construction Pte. Ltd.;
b. Geoscapes Pte. Ltd.; and
c. Hong Power Engineering Pte. Ltd.;
(collectively, “the Parties”)
for infringing section 34 of the Competition Act (Cap. 50B). The Parties were found to have participated in anti-competitive agreements to rig the bids for the provision of building, construction and maintenance services under Invitations To Quote and Invitations To Tender called by Wildlife Reserves Singapore (“WRS”).
Read the full media release here.