Ezra Holdings says Capt. Adarash Kumar Chranji Lal Amarnath has stepped down as group chief operating officer and executive director of the company effective Friday.
His resignation is in compliance with the Code of Corporate Governance 2012 of having independent directors making up at least half of the board.
Kumar will focus on his role in Ezra's subsidiary, EMAS Offshore.
Ezra's board of directors has also been reshuffled following Kumar's resignation. However, the composition of the audit, nominating, remuneration, enterprise risk and executive committees of the company remain unchanged.
Ezra ended flat at 12.1 cents on Sept 23.
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His resignation is in compliance with the Code of Corporate Governance 2012 of having independent directors making up at least half of the board.
Kumar will focus on his role in Ezra's subsidiary, EMAS Offshore.
Ezra's board of directors has also been reshuffled following Kumar's resignation. However, the composition of the audit, nominating, remuneration, enterprise risk and executive committees of the company remain unchanged.
Ezra ended flat at 12.1 cents on Sept 23.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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