Transcorp Holdings Limited Announces Changes to Composition of the Board of Directors & Board Committees
December 12, 2018 at 05:32 am EST
The board of directors of Transcorp Holdings Limited announced that Mr. Lai Hock Meng has resigned as the Non-Executive Chairman and Independent Director of the Company with effect from 12 December 2018. Following his resignation, Mr. Lai has also stepped down as the Chairman of the Audit Committee (AC), and a member of the Nominating Committee (NC) and the Remuneration Committee (RC) of the Company respectively. Mr. Chia Siak Yan Vincent has been appointed as the Acting Non-Executive Chairman of the Company and the Chairman of the AC with immediate effect.