国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

China Sky appoints new CEO, directors

(Xinhua) Updated: 2012-09-15 13:32

SINGAPORE -- Singapore-listed chemical fiber maker China Sky announced key appointments on Friday, months after its chief executive officers and directors resigned amid a dramatic standoff against the Singapore Exchange.

Ling Yew Kong, 46, has been appointed the company's new chief executive officer and executive director, with effect from Sept 13, the company said in a filing with the Singapore Exchange.

China Sky also appointed Lee Chong Ping as its new financial controller, while two non-executive independent directors were also appointed, including Er Kwong Wah, who had been an independent director had the firm earlier.

The company has not had a chief executive officer since its former CEO and executive director Huang Zhong Xuan resigned on Feb 7, citing personal health reasons. Its group financial controller and some of the independent directors also resigned.

China Sky has also appointed Tan Chee How as joint company secretary.

Analysts said it could be part of the company's effort to reconstitute its board of directors and settle its outstanding listing issue with the Singapore Exchange.

The China Sky saga began in November 2011 when SGX directed the company to appoint a special auditor to investigate transactions between the company and its audit committee chairman, a failed land acquisition in China and other issues.

However, China Sky insisted that there was no justification for the directive. The standoff got worse publicly later, with SGX taking the case to the court and China Sky holding its ground. It eventually led to the resignation of the company's directors and senior managers in Feburary.

The Securities Investors Association of Singapore has played an important role recently by bringing the two sides back to the table.

Last month, SGX met with representatives from China Sky together with SIAS, where the company had presented a proposal to comply with the exchange's listing rules that include the appointment of a special auditor.

Local broadcaster MediaCorp said in report quoting SIAS President David Gerald that China Sky has complied with most of the requirements by SGX, though the conduct of the special audit remained a thorny issue.

Hot Topics

Editor's Picks
...
武城县| 孙吴县| 鄯善县| 北票市| 辽阳市| 沙坪坝区| 井冈山市| 彭阳县| 金溪县| 陇川县| 大庆市| 巴南区| 额敏县| 当涂县| 高要市| 互助| 句容市| 资阳市| 岳普湖县| 京山县| 岐山县| 道真| 宁海县| 资兴市| 沙雅县| 河东区| 盖州市| 龙游县| 安远县| 登封市| 陆河县| 封开县| 新竹市| 唐山市| 达拉特旗| 宿松县| 涡阳县| 阜南县| 宿州市| 卫辉市| 峨眉山市|