Yeo Hiap Seng’s CFO, Malaysia CEO resign

BEVERAGE manufacturer Yeo Hiap Seng (Yeo’s) on Thursday (May 19) announced that its chief finance officer Chan Ying Jian, as well as its Malaysia, Indonesia and Brunei chief executive officer Jerson Go Uy have tendered their resignations.

Chan, who joined Yeo’s in July last year, will leave the company on Aug 10. The mainboard-listed company said in a bourse filing that he will be leaving to pursue other career opportunities, and more details on his replacement will be provided soon.

Uy, who joined Yeo’s 2 years ago, will resign from his post on July 31 to pursue other opportunities.

Chan was previously at private education chain The Learning Lab, where he served as CFO and information technology director. Prior to that, he was group CFO, as well as chief investment officer and group head of information technology, at BreadTalk.

Shares of Yeo’s last traded at S$0.825, S$0.005 or 0.6 per cent down on Thursday before the announcement.