UPDATE: Singapore executive moves Friday: SATS, Tat Seng Packaging, Keong Hong

SATS Gateway Services bus at Changi AirportSATS Gateway Services bus at Changi Airport

These are Singapore companies which announced personnel changes on Friday, 1 October 2021: SATS.

This item was originally published on Friday, 1 October 2021 at 21:28 SGT; it has since been updated to include Keong Hong Holdings and Tan Seng Packaging.

SATS

SATS said Alex Hungate, executive director and president and CEO, would leave the company in December to take up a new role in a different industry.

Hungate, age 55, had been appointed to his role at the beginning of 2014, after joining the company as an independent director in 2011 and becoming an executive director in 2013, SATS said in a filing to SGX.

He holds 3.92 million ordinary shares of SATS, and has 166,500 unvested shares under the SATS restricted share plan and 1.06 million shares which remain unvested under the SATS performance share plan, the filing said.

Tat Seng Packaging

Tat Seng Packaging said Friday it has appointed Lim Swee Say, age 66, as non-executive, independent director, effective Friday. He will be chairman of the nominating committee, and a member of the remuneration and audit and risk committees, the company said in a filing to SGX.

Lim was a member of Parliament from 1997 to 2020, and was the minister for the Ministry of Manpower from 2015-2018.

Keong Hong Holdings

Keong Hong Holdings said Friday it appointed Chiang Yi Shin, age 50, as chief financial officer of the company, effective Friday.

From October 2020 to March 2021, Chiang was group financial controller at AGV Group, from April 2019 to October 2020, he was chief financial officer at Chemical Industries (Far East) and from March 2015 to March 2019, he was group financial controller at Chemical Industries (Far East), the company said in a filing to SGX.