Caely appoints new board to steer company out of financial distress

  • 📰 malaymail
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

KUALA LUMPUR, June 16 — Caely Holdings Bhd has appointed a new board of directors to steer the company out of financial distress, in light of the current boardroom tussle and...

KUALA LUMPUR, June 16 — Caely Holdings Bhd has appointed a new board of directors to steer the company out of financial distress, in light of the current boardroom tussle and ongoing lawsuits that are impacting the company’s operations.

In a statement today, the lingerie maker said among the new board members are group executive chairman Datuk Loh Ming Choon, executive director Datuk Seri Sin Hock Min, executive vice chairman Wong Siaw Puie and executive director Khoo Chen Yeng. The company said it has laid down projects in the pipeline for the company’s future business operation and intended to materialise and commence the said projects in the near present.

"The details of the projects are being fined and will be disclosed at the appropriate time,” it added. — Bernama

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shell companies dissolved after siphoning off billions in 1MDB funds, court hears | The Malaysian InsightLabuan Financial Service Authority adviser tells of paper trail to opaque tax havens worldwide. Wow, who did that bro?
Source: msianinsight - 🏆 8. / 63 Read more »