In a statement lodged to the Australian Stock Exchange, TPG announced that Mr Teoh was resigning as chair effective immediately and would be replaced by Canning Fok.
In a letter to shareholders, David Teoh said he was humbled by the support the company had received over the last three decades. “There have been many challenges along the way, but I firmly believe that consumers in Australia have greatly benefited from TPG’s competitive business approach and that they will continue to do so. “
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Let us pray together for the wellbeing and happiness for everyone in the Global World based on Mutual Understanding and Friendship and Natural Justice irrespective of religion caste colour creed or any discrimination please