Singapore companies announcing executive changes: SMRT and Kitchen Culture.
This item was originally published on Sunday, 20 March 2022 at 15:35 SGT; it has since been updated to include AEM Holdings.
Neo Kian Hong, who has held the role since 2018, will be stepping down, the report said.
Temasek-based AEM Holdings said Friday it has appointed Juha Matias Arolo, age 48, of Sweden, as its chief operating officer, effective 1 April. He will be responsible for the overall management of day-to-day operations, AEM said in a filing to SGX.
From July 2018 to the present, Arola has been the chief operating officer at ESCA TEC, and from July 2017 to June 2018, he was the general manager of ESCATEC Mechatronics, the filing said.
AEM’s products include customized, application-specific semiconductor and electronics test and handling services for companies serving the advanced computing, 5G, and AI markets, the statement said. The company’s manufacturing plants are located Singapore, Malaysia, Indonesia, China, Finland and Vietnam.
At Kitchen Culture‘s annual general meeting (AGM), Yap Sze Hon was not re-elected as a director, with only 42.74 percent of the votes in favor and 57.26 percent against, and his retirement took effect at the conclusion of the AGM, according to a filing to SGX Friday.
Lincoln Teo Choong Han, who is interim CEO, received only 51.29 percent of votes in favor of his re-election as a director, while Ang Lian Kiat received 59.15 percent in favor of re-election and William Teo Choon Kow received 59.15 percent, the filing said.
The company’s former CEO Lim Wee Li has initiated legal actions against Lincoln Teo Choong Han and certain directors — William Teo Choon Kow and Ang Lian Kiat — as well as the company.