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News - Detailed News Story

ecoWise Holdings appoints two independent directors

07 Sep 2021 09:00

By Uma Devi

TROUBLED environmental solutions provider ecoWise Holdings has appointed two independent directors, effective Sept 3.

The move comes after bourse regulator Singapore Exchange Regulation (SGX RegCo) slapped the company with a notice of compliance on June 25, ordering it to appoint two new independent directors, commission an internal audit and an audit of its first-half 2021 results and form a new auditing committee.

The first appointment is Lo Kim Seng, as an independent non-executive director. Mr Lo was also appointed as the chairman of the remuneration committee, as well as a member of both the audit and nominating committees.

The 59-year-old is also currently serving on the boards of other Singapore-listed companies. He is an independent non-executive director of Fragrance Group, the lead independent director of No Signboard Holdings, and an independent director of CFM Holdings.


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Source: Business Times
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