Popular Holdings chairman passes away, aged 66
BOOKSTORE chain Popular Holdings said that its non-executive chairman Ramayah Vangatharaman, 66, passed away on Sunday.
A lawyer and arbitrator, Mr Ramayah was appointed as an independent director in 2002 and became chairman in 2012.
Popular said he helped the company champion local literary talents through its annual Readers' Choice Award.
"His keen business acumen also saw us through the extension of Popular's business into e-commerce, keeping Popular Holdings at the forefront of changing business landscapes," the company added.
Popular delisted from the Singapore Exchange a year ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Parkway Life Reit Q1 DPU up 4% to S$0.0379
Japfa posts US$12.4 million Q1 profit, reversing from year-ago loss of US$43 million
PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
Walmart to shut all health centers in US over lack of profitability
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
3M to cut dividend on health-care spin, losing aristocrat status