Corporate digest

Swee Hong Limited

SWEE HONG Limited's managing director and CEO Ong Hock Leong has stepped down from his roles after his lawyers informed the group of a bankruptcy order against him on Feb 18. Consequently, his office as a director of the company is vacated in accordance with the company's Memorandum and Articles of Association and the Companies Act. But he will remain as an adviser to the board and management team of the group. Group chief financial officer Mohamed Saleem Mohamed Amanullah will act as interim CEO.

Vard Holdings