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ecoWise reinstates deputy CEO; will comply with SGX RegCo's directives

Michelle Zhu

Michelle Zhu

Published Tue, Jun 29, 2021 · 09:50 PM

Singapore

ECOWISE Holdings on Tuesday said it has reinstated the duties of all suspended staff including deputy chief executive Cao Shixuan, who was put on a leave of absence after a June 15 dispute led the company's chief executive Lee Thiam Seng to change the locks of its server rooms.

The move is "necessary to ensure continued operations of the group's business", ecoWise said in a bourse filing before the market opened, and in line with the requirements in SGX RegCo's compliance notice served last Friday.

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