YANGZIJIANG Shipbuilding's executive chairman Ren Yuanlin has stepped down and made way for his son and company chief executive Ren Letian to take over as executive chairman of the group, the shipbuilder said in a bourse filing on Tuesday.
The elder Mr Ren, 66, has left the position he has held since 2006 to pursue other career opportunities, said the company. His son, aged 38, has thus ceased to be an alternate director to his father. Mr Ren Yuanlin, known to be a key man of Yangzijiang, holds a 21.69 per cent stake in the company. The stake comprises 0.08 per cent of direct interest, and 21.61 per cent of indirect interest through his interest in Yangzi International Holdings Limited.Deputy general manager Song Shu Ming has been appointed as an executive director. He is responsible for the overall operations of the Jiangsu Yangzi-Mitsui Shipbuilding Co, and leads the second sales and marketing division of the group.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Chinese property executive Ren Zhiqiang who criticised President Xi Jinping under investigationHONG KONG (REUTERS) - Former Chinese property executive Ren Zhiqiang, who went missing last month after criticising President Xi Jinping over his handling of the coronavirus outbreak, is under investigation for 'serious disciplinary violation', the Beijing municipal anti-corruption watchdog said in a statement late on Tuesday (April 7).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Exclusive: Qatar Petroleum not scaling down LNG expansion despite delay in bids - CEOQatar Petroleum will postpone the start of production from its new gas facilities to 2025 due to a delay in the bidding process, but is not ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Luckin Coffee chairman defaults on loan, surrenders company sharesLuckin Coffee Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian have handed over shares in the embattled Chinese coffee chain to ... make more profits I use A system that is 85-90% accurate with a guaranteed payout on profit, Minimum investment of $500 can earn you $4200 In 7 trading days , Invest $2500 earn $24000 in 10 trading days. My strategy is unique and efficient
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Rolls-Royce scraps targets, dividend on pandemic hitBritish aero-engine maker Rolls-Royce said it was scrapping its targets and had decided against paying its last dividend, taking steps to shore ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia stocks rise on coronavirus slowdown; pound down after Boris Johnson taken to hospitalSYDNEY (REUTERS) - Stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Former Chinese property executive Ren Zhiqiang who criticised President Xi Jinping under investigationHONG KONG (REUTERS) - Former Chinese property executive Ren Zhiqiang, who went missing last month after criticising President Xi Jinping over his handling of the coronavirus outbreak, is under investigation for 'serious disciplinary violation', the Beijing municipal anti-corruption watchdog said in a statement late on Tuesday (April 7).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »