"Besides providing oversight as a director and member of the board subcommittees, Chen Xiuling is not involved in the business and operations of 17Live," the company says.
Karen Chen Xiuling, one of the three Singaporeans added to the US Specially Designated Nationals and Blocked Persons list, has resigned from her role as an independent director of 17Live Group.
Inclusion into this list by the Treasury Department's Office of Foreign Assets Control (OFAC) means US persons and entities are not to do business with these individuals. 17Live says that Chen has voluntarily resigned on Oct 15.
