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Triyards' CFO leaves cash-strapped yard group

TRIYARDS Holdings on Friday announced that its chief financial officer, Yan Naing Aung, 47, has resigned "to pursue other career opportunities".

This will take effect from March 28, 2018.

He was responsible for the group's corporate financial matters, including financial reporting, financial planning, taxation and liaison with financial institutions.

The cash-strapped yard group had earlier in the month announced the termination of a shipbuilding order, and said it is seeking two more months to file its first-quarter financial results.