The Place Holdings announces new CEO
Add BT as a preferred sourceThe Place Holdings announced late on Wednesday that its executive chairman and CEO Ji Zenghe is stepping down from his CEO post, but will retain his designation as executive chairman.
Current executive director of the company Fan Xianyong will be replacing him as CEO, effective April 25. Mr Fan has been executive director with the company since 2016.
The rationale given for the change is to have a "division of responsibilities between the executive chairman and the chief executive officer".
Mr Ji will continue to be responsible for the strategic direction and business direction of the group in his capacity as executive chairman.
The media company, which used to trade as Eucon Holding, was put on the Singapore Exchange's watch list in 2014. It was removed from the bourse operator's minimum trading price watch list on June 5, 2017.
Share with us your feedback on BT's products and services
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Scaling Berli Jucker’s retail empire – daughter of Thai beer billionaire seeks growth outside home country
