The Place Holdings CSO, COO depart over 'divergent opinions'
Add BT as a preferred source
Claudia Chong
THE Place Holdings on Tuesday said Leow Soon Guan has ceased to be the chief strategy officer (CSO) of the company, while Kam Tin Seah has ceased to be chief operating officer (COO), due to divergent opinions on the firm's operational matters and strategic direction.
CEO Fan Xianyong, together with the rest of the management team, will assume their responsibilities.
The Place Holdings is an investment holding company whose portfolio coverage includes the investment, development and management of media, integrated tourism and tourism-related "new retail" businesses. (see amendment note)
The Place Holdings shares closed flat at 1.9 Singapore cents on Tuesday.
Amendment note: An earlier version of the article stated that The Place Holdings is an outsourced service provider of precision drilling of printed circuit boards (PCB), as per its SGX corporate description. The company has since clarified that the PCB business was disposed in 2017.
Copyright SPH Media. All rights reserved.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature
