Raffles Infrastructure terminates executive director Ma Zhi after investigation
MA Zhi has been terminated from his role as an executive director of Raffles Infrastructure after internal investigations, the company disclosed in a Tuesday (Jun 28) bourse filing.
“(Ma) had failed to meet the standards of the duties and obligations of an executive director of the company,” Raffles Infrastructure said in the filing, adding that the decision was based on documentary evidence. Further details were not provided.
Ma had been appointed to the role in April 2020. According to the company’s website, his other roles include serving as the non-executive director of China Moutai Tasting Centre (Hong Kong Limited) and as a partner in GSR Capital. He had started out as a reporter and producer at CETV Station in 2003, before embarking on a corporate career.
Shares of Raffles Infrastructure closed flat at S$0.06 on Tuesday.
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