Frencken announces CFO, board changes

TECHNOLOGY solutions provider Frencken Group E28 : E28 0%announced changes to its chief financial officer (CFO) and board of directors that take effect on Friday (Dec 31).

The mainboard-listed company said that David Chin Yean Choon, will retire after serving the company since 2002 as its CFO.

Brian Tan Chuen Yeang, who has served as CFO at USG Boral Malaysia and Singapore, will take over the role.

Additionally, 2 independent directors (IDs), Ling Yong Wah and Yeo Jeu Nam, have also resigned, while Foo Seang Choong will be appointed as ID of the company on Dec 31, 2021. Foo will also be appointed as chairman of the remuneration committee and member of the audit committee.

Furthermore, Melvin Chan Wai Leong has been appointed as lead independent director, chairman of the audit committee and a member of the nominating committee of the company.

Frencken shares closed up 2.6 per cent, or S$0.05 at S$1.97 on Friday, before the announcement was made.

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