Fish service provider Qian Hu (SGX:BCV) said executive chairman Kenny Yap will retire on Dec. 31, according to a Thursday filing on the Singapore Exchange.
CEO Yap Kok Cheng will take over as executive chairman from Jan. 1, 2025. Kenny Yap will continue as an advisor on a pro bono basis.
Cheng joined Qian Hu in 2005 and became CEO in January 2021.
Shares of the company rose 6% in recent trade.
Price (SGD): S$0.15, Change: S$+0.0090, Percent Change: +6.47%
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