Executive moves: IREIT Global, Maxi-Cash Financial Services, Lifebrandz, Samurai 2K Aerosol

In September 2021, IREIT Global entered a deal to acquire the Parc Cugat office building in Barcelona, Spain. Credit: IREIT GlobalIn September 2021, IREIT Global entered a deal to acquire the Parc Cugat office building in Barcelona, Spain. Credit: IREIT Global

Singapore companies announcing executive changes: IREIT Global, Maxi-Cash Financial Services, Lifebrandz and Samurai 2K Aerosol.

IREIT Global

IREIT Global said Thursday Nir Ellenbogen, age 61, has retired as independent non-executive director, effective 31 December, in a voluntarily move as part of the planned renewal process for the board. He was appointed to the role in 2013, the REIT said in a filing to SGX.

Nir Ellenbogen holds 255,947 units of IREIT, the filing said.

In a separate filing, IREIT said it appointed Mark Andrew Yeo Kah Chong, age 59, as independent non-executive director, effective 1 January.

From September 2019 to November 2021, Yeo was the director and CEO of Ruby Capital, the filing said.

Maxi-Cash Financial Services

Maxi-Cash Financial Services said Thursday it has appointed Lee Yew Teck, age 49, as assistant operations director, effective 1 January. From 1999 to December 2021, Lee has been with Aspial Lee Hwa Jewellery Singapore, in roles including assistant operations director and senior retail operations manager, the company said.

Lee owns 2,068 shares of Maxi-Cash, the company said.

Ng Eng Chyuan, the current assistant operations director, will cease to be key management personnel of the company, effective 1 January, and will be assigned a new role in risk and compliance management, the company said in a filing to SGX.

Lifebrandz

Lifebrandz said Thursday it has appointed Thng Tien Lung, age 50, as key management personnel and executive officer, effective Friday.

Thng has been the financial controller of the company, effective 16 August, and after the resignation of the company’s chief financial officer in November, the audit committee recommended Thng’s appointment to key management personnel and executive officer, the company said in a filing to SGX.

Lifebrandz is a holding company for fintech robo advisor Finesse, travel business Takumi Holidays, which provides local experiences for visitors in Japan, and a food and beverage business which includes the Mulligan, an Irish-style pub in Pattaya, Thailand, and the Hashida Sushi restaurants.

Samurai 2K Aerosol

Samurai 2K Aerosol said Thursday Chang Chien Fatt, age 50, a key executive officer, has resigned from the role of international sales and marketing director, effective Friday.

Chang, who was appointed to the role in 2019, intends to relocated to Selangor, where his family resides, the company said in a filing to SGX.

He holds 11,400 shares of the company, and 30,000 options convertible into 30,000 shares, the filing said.

 

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