Changjiang Fertilizer chairman's leave of absence prompts queries
Firm 'unable to take a view' whether chairman's 'personal matters' will affect his character and integrity as a director
Singapore
CHANGJIANG Fertilizer Holdings - which shut down production for all of last year - on Wednesday announced that it has been queried by the Singapore Exchange (SGX) over the leave of absence taken by its executive chairman, Cai Jian Hua.
The concerns, as put forth in the regulatory announcement, related to the details behind the "personal matters" that led to his six-month leave, and where the all-important legal seals were held.
TRENDING NOW
Japan Home closing outlets; staff say Valu$ taking over operations
Timah Partners lands S$60 million facility from lenders including UOB, RHB
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself