Curious coincidences behind Epicentre's missing CEO
WHEN it comes to strange coincidences, it may be hard to upstage Catalist-listed Epicentre Holdings - the company once well known as a re-seller of Apple products, but has, since May, become better remembered for its vanished chief executive officer.
In July, Epicentre sacked this CEO (also its executive chairman), Lim Tiong Hian, also known as Kenneth Lim, for being a no-show. The company said he had been "entirely uncontactable", and had not offered any explanation for his absence since May 24.
His disappearance came about a month after he had raised his stake in the company from 17.97 per cent to 18.9 per cent, giving him the mandate to set the group's strategic direction and track its financials and profitability - big words and mere promises, as it turns out.
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