Executive moves: Procurri taps new CFO; Tye Soon, First Resources, CIH, Ying Li Intl Real Estate

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Singapore companies announcing executive changes: Procurri Corp., Tye Soon Ltd., First Resources, China International Holdings (CIH) and Ying Li International Real Estate.

Procurri Corp.

Procurri Corp. has appointed Sin Yi Tian, age 36, as group chief financial officer, effective 10 January 2022, according to a filing to SGX Tuesday.

Sin has been director of finance (projects) at iX Biopharma since September of this year, and prior to that, she was the group finance manager at Procurri from March 2017 to September 2021, the filing said.

The current chief financial officer, Choo Joo Kwang, age 49, has resigned, effective 15 January 2022, to pursue other interests, Procurri said. Choo was appointed to his role in 2016, the filing said.

Choo holds 551,800 shares of Procurri, the filing said.

Tye Soon

Tye Soon Ltd. said Tuesday Darryl Gregor Abotomey, age 66, had resigned as non-executive non-independent director, effective 15 December, as he was no longer nominated by Bapcor Ltd. as he had ceased employment there. Abotomey had been appointed to the role in April 2021, the company said.

“Darryl Abotomey has informed the company that (a) his resignation is due to differences of opinion with the board of Bapcor Limited and has no bearing on the company, (b) he is resigning as he was originally nominated by Bapcor Asia Pte. Ltd., a controlling shareholder of the company and a subsidiary of Bapcor and is no longer employed by Bapcor,” Tye Soon said in a filing to SGX.

“And (c) he is disappointed not to be able to contribute to the development of the company as originally envisaged,” the filing added.

First Resources

First Resources said Tuesday it appointed Chang See Hiang, the current deputy chairman of the board, as chairman of the board; he is an independent director, the company said in a filing to SGX.

In addition, Lim Ming Seong, age 74, resigned from his role as independent director, effective 31 December, the filing said.

“Lim Ming Seong’s resignation is part of the board renewal process having served on the board for an aggregate period of more than nine years,” First Resources said.

Lim is interested in around 100,000 shares of First Resources, the filing said.

China International Holdings

China International Holdings said Tuesday Shen Xia, age 58, would cease to be an executive director, effective Tuesday, due to re-composition of the board. He was appointed to the role in 2010, the company said in a filing to SGX.

Shen Xia was also appointed as chief financial officer in 2014.

China International Holdings, or CIH, is an investment holding company primarily in the energy, natural resources, water supply services and property development sectors.

Ying Li International Real Estate

Ying Li International Real Estate appointed Wang Hongyang, age 44, as non-executive non-independent director, effective Tuesday, according to a filing to SGX Tuesday.

Wang is the vice president of China Everbright Ltd., Ying Li’s controlling shareholder, the filing said.

Tang Chi Chun, age 60, has resigned as non-executive non-independent director, effective Tuesday, Ying Li International said in a separate filing to SGX. Tang is a representative from China Everbright Ltd., and he has also retired from the board of that company as well, the filing said.


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