Lim How Teck to take leave of absence as Heliconia chairman

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.