Corporate digest
Resources Prima Group
CATALIST-LISTED Indonesian coal miner Resources Prima Group on Friday said its chief financial officer (CFO) Thng Tien Lung will be leaving to pursue other career opportunities. Mr Thng, 48, tendered his resignation on Oct 8, although the board gave him some time to reconsider his decision. At the end of October, he reaffirmed his decision to quit. He is serving a two-month notice period and will leave the company on Dec 7.
Mr Thng was named CFO less than nine months ago, on Feb 11. He also sits on the boards of three of Resources Prima's subsidiaries - Energy Prima, RPG Trading and RPG Logistics - and will cease to be a director for those firms when he leaves the group. His predecessor John Watson, 67, had resigned in November 2018 for health reasons after about four years as CFO.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Former PAP MP, minister of state retire as company directors
US: Wall St opens higher
Air China to buy 100 locally made C919 jets in US$11 billion deal
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses