Koyo International Chair to Retire After Nearly Nine Years
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Koyo International's independent non-executive chairman, Wong Loke Tan, will retire after nearly nine years, effective after the April 25 annual general meeting. Wong has been on the board since August 2016 and will step down before reaching the nine-year tenure limit. His departure will leave the audit committee below the required minimum of three members. The company plans to appoint a new independent director within two to three months following the AGM.
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