Executive moves: Sheng Siong taps MP Cheng Li Hui as one of three new independent directors

Sheng Siong supermarket in SingaporeSheng Siong supermarket in Singapore

Singapore executive changes: Sheng Siong Group.

Sheng Siong Group has moved to renew its board, with the resignation of three independent directors and the appointment of three new ones, the supermarket operator said in a filing to SGX Wednesday.

Francis Lee Fook Wah, age 55, has resigned as independent director, effective 31 December, to “engender a renewal of independent directors,” the company said. Lee was appointed to the role in 2011, the filing said.

Goh Yeow Tin, age 70, has stepped down from the board, effective 31 December, after having been appointed to the role in 2011, the filing said. Goh was the lead independent director, the filing said.

Jong Voon Hoo, age 49, has resigned as independent director, effective 31 December, after having been appointed to the role in 2011, the filing said.

Cheng Li Hui, age 45, has been appointed as independent director, effective 22 December, Sheng Shiong said. She has been a Member of Parliament for the Tampines GRC from September 2015 to the present, the filing said.

Ko Chuan Aun, age 64, has been appointed as independent director, effective 22 December, the filing said. Ko is currently the chairman of HSK Resources, and was previously the president and executive director of KOP from May 2014 to October 2017, the filing said. He also has more than 16 years of experience working with the former Trade Development Board of Singapore, which is now known as Enterprise Singapore, the filing said.

Tan Huay Lim, age 65, has been appointed as independent director, effective 22 December, Sheng Siong said. Tan served as a partner at KPMG Singapore for 23 years until his retirement in September 2015, the filing said.

From July 2020 to August 2020, Tan served as director at Xihe Holdings, a Singapore investment holding company which was placed under interim judicial management in mid-August, and for the same period of time, he was a director of Xihe Capital, which was placed in liquidation under a members’ voluntary winding up since October 2020, the filing said.

Chee Teck Kwong Patrick will be re-designated as the lead independent director in place of Goh, the filing said.