Published:
Two Loyz Energy directors step down
Their resignation is pursuant to the proposed disposal of entire equity interest in Sim Siang Choon Hardware by Loyz Energy to Sim Siang Choon.
The Board of Loyz Energy announced the resignation of Yip Chee Meng as executive director and Kwan Lin Siew as alternate director to Sim Siang Choon.
Mr Yip, 60, was responsible for overseeing the overall management and operations of the Company.
He was appointed to the post 1 October 1999.
Meanwhile, as alternate director to Sim Siang Choon, Madam Kwan, 54, was jointly responsible for overseeing the overall management and operations of the Company, according to a Loyz Energy report.
She was appointed to her post 21 April 2003.
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