M1's chief financial officer resigns

SINGAPORE telco M1 said on Friday its chief financial officer (CFO) Nicholas Tan Kok Peng has resigned to "pursue other interests".

Lee Kok Chew has been appointed the CFO. The appointment will take effect from March 20, 2017.

Mr Lee was previously the CFO from May 2010 to February 2014. He is currently the chief commercial officer of the company, a position he will continue to hold.

Shares of M1 were halted late on Friday evening, following unusual trading that prompted a query from the Singapore Exchange. Its listed shareholders, Singapore Press Holdings and Keppel Telecommunications & Transportation, also called for a trading halt.