Biden administration has added two Singapore-based companies to the U.S. trade blacklist in his last days. Any idea on who are the owners / operators of these 2 companies ? Surprising that SG government have not come out with any comments on this /u/stormearthfire Singapore

https://www.businesstimes.com.sg/international/us-tightens-controls-advanced-chips-curb-flow-china

The 2 Singapore companies on the list are

1. Asia Trading & Construction: Identified as a shell company within the Zimenkov network, this firm facilitated the sale of helicopters to a Latin American government on behalf of Russia’s state-owned corporation, Rostec. Its director, Ms. Serena Ng Bee Lin, was also sanctioned.
2. Corad Technology Pte Ltd: An affiliate of China’s Corad Technology Limited, this company was involved in transferring technology from the U.S. and other Western nations to Iran’s military and space programs, North Korean front companies, and Chinese government and defense entities. Owners are unclear.

https://www.businesstimes.com.sg/international/us-tightens-controls-advanced-chips-curb-flow-china

The 2 Singapore companies on the list are

1. Asia Trading & Construction: Identified as a shell company within the Zimenkov network, this firm facilitated the sale of helicopters to a Latin American government on behalf of Russia’s state-owned corporation, Rostec. Its director, Ms. Serena Ng Bee Lin, was also sanctioned.
2. Corad Technology Pte Ltd: An affiliate of China’s Corad Technology Limited, this company was involved in transferring technology from the U.S. and other Western nations to Iran’s military and space programs, North Korean front companies, and Chinese government and defense entities. Owners are unclear.