Executive moves: Reenova Investment

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Reenova Investment reported Tuesday that Lee Ka Shao, age 52, has resigned as non-executive independent director, effective Tuesday.

The reason for cessation was “not able to discharge my responsibilities as an independent director because the company is not able to continue functioning as an entity,” according to a filing to SGX.

Lee, who was appointed to the role in 2017, holds around 12.21 million shares of the company, the filing said.