Xpress Holdings founder KK Fong to step down

Singapore

FOUNDER and chief operating officer of mainboard-listed Xpress Holdings, KK Fong, is stepping down after 30 years with the company to pursue new business interests.

On March 31, Mr Fong, 63, will be handing the reins over to a new management team led by chairman Ma Wei Dong.

Speaking to The Business Times, Mr Fong said that he is keen to start a new business - singling out markets such as China and Laos - and will also use the time to review some of his private investments made in the past in industries such as property and…