Concerns over false financial statements have led to the revocation of Sheen Yeow Travel's licence by the STB. As a result, the company is required to take certain actions regarding its existing customers.

Sheen Yeow Travel must either refund all existing customers or transfer its obligations to other travel agents. This ensures that customers are protected and their travel plans are not disrupted.

Further details about the licence revocation and its implications are available from the source. The STB's decision aims to address concerns and provide a solution for affected customers.