Monday, September 21, 2015

United Food’s CFO resigns

United Food Holdings’ chief financial officer, Hung Chung Wah George, has resigned from the China-based soybean and animal feed producer, citing a change in career opportunities.

Hung was appointed as the group’s CFO on March 1, 2010. His duties included financial management, financial reporting and assisting the board in decision making.

The group’s audit committee has also interviewed Hung and found no link between Hung’s resignation and the group’s financial reporting.

United Food says it will be looking for a replacement CFO.

Separately, the group has announced a change of company secretaries, appointing Chiang Wai Ming, and Yoo Loo Ping to replace Josephine Toh Lei Mui.

United Food’s shares last traded at 18.1 cents on Sept 16.

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