Yeo Hiap Seng appoints new COO

BEVERAGE manufacturer Yeo Hiap Seng (Yeo’s) on Thursday (Aug 25) announced that it has appointed Ong Yuh Hwang as its chief operating officer (COO).

In a bourse filing after market hours, the company said Ong will take on his new role from Sep 5. He will assist the group chief executive officer in managing the group’s operations and in executing its strategic plans.

Ong was last chief executive officer at Suntory Garuda Beverage Indonesia, and has also held positions in Procter & Gamble previously.

In May, the mainboard-listed company announced that its chief finance officer Chan Ying Jian, as well as its Malaysia, Indonesia and Brunei chief executive officer Jerson Go Uy had tendered their resignations.

Both were leaving to pursue other opportunities.

Shares of Yeo’s last traded flat at S$0.80 on Thursday, before the announcement.