Mooreast's CFO resigns four months into the job
The CFO was previously with other listcos such as Biolidics, Mary Chia Holdings and EuroSports Global
Siu Yeung Sau, chief financial officer of Mooreast Holdings 1v3, has resigned after some four months in this role.
The company announced that Siu has resigned and that his last day will be Feb 17. He was appointed to this role on Oct 1 2024.
According to Mooreast, Siu quit for "personal reason".
"There are no concerns with regards to financial reporting" and that there are no disagreements between Siu and the board "with regards to practices that would have an impact to the company's financial reporting", the company says.
Siu's last known role, as disclosed by the company, was the financial controller of Biolidics 8yy, another SGX-listed company, between June 2022 and May 2024.
He was previously with other listed companies such as Mary Chia Holdings 5ox and EuroSports Global, holding similar roles.
Mooreast is looking for alternative funding after an earlier $20.1 million convertible loan provider did not pay up the deposit on time.
Mooreast shares last traded at 11 cents.
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