Reappointment of ex-CEO to board 'essential': Raffles Infrastructure
Claudia Chong
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result