Monday, July 4, 2016

Midas Holdings’ CFO Chan Chee Kin resigns

Midas Holdings, the aluminium alloy manufacturer, on Monday announced that its Chief Financial Officer, Chan Chee Kin, has resigned.

Chan’s last day with Midas was on Thursday, 30 June 2016, the company said in a SGX filing.

Midas said Chan “confirmed that he has no disagreement with the Board”, and had left “for personal reasons and to pursue other interests”.

Midas’ Financial Controller, Liaw Kok Feng, will assume Chan’s responsibilities until a new CFO comes on board.

The company said it is “currently seeking a suitable replacement” for Chan, who had been Midas’ CFO since December 2013.

As at 9.01am, Midas Holdings is trading 2.0% higher at 26 cents.

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