China Medical announces passing of chairman Tai Kok Chuan

SINGAPORE (Mar 7): China Medical (International) Group says its executive chairman, Tai Kok Chuan, passed away at the age of 61 on March 6.

The company called for a trading halt before noon on Tuesday, prior to the announcement after 7pm. It has requested to resume trading Wednesday morning.

Tai was the executive chairman and has been a director of China Medical, formerly known as Albedo Limited, since 2005. In his post, he oversaw the formulation of policies and strategies, as well as the overall management of the group.

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