Lim How Teck to take leave of absence as Heliconia chairman
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HELICONIA Capital chairman Lim How Teck is taking a leave of absence from his role at the Temasek unit, after his arrest in his capacity as lead independent director of Raffles Education Corp.
"Mr Lim has offered, and the board has agreed, that it would be in the best interests of the company for him to take a leave of absence from his duties as chairman while the matter is being dealt with," a Heliconia spokesperson said, in response to queries from The Business Times.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant