Dyna-Mac dismisses Lim Ah Cheng as chairman and CEO
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Dyna-Mac has terminated Lim Ah Cheng as chairman and CEO effective December 16, following a business review post-Hanwha's cash offer. The company stated there are no unresolved differences with Lim that would impact the group or its financial reporting. Discussions regarding Lim's termination payments are ongoing. The management and operations will continue to be overseen by the board and management team. Lim had been in the role since March 2020, after the passing of the company's founder.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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