Reappointment of ex-CEO to board 'essential': Raffles Infrastructure

Singapore

RAFFLES Infrastructure on Monday said that it is "essential" for ex-chief executive Wu Xinhua to be reappointed to the board as his cooperation is required on matters relating to the ongoing special audit conducted by KPMG.

"He is the only remaining director from the previous board and the SGX complaints made against Mr Wu were filed during his tenure as the executive chairman and chief executive officer of the company," said Raffles Infrastructure in response to an SGX query about the group's decision to renominate Mr Wu.