The nominating committee of the group has also received Lim’s application to be appointed to the board, and notes that it is in the process of reviewing the application.
The board of Fu Yu Corporation has decided to reinstate Victor Lim’s employment with the group as director of strategy with effect from Nov 1, 2025.
This announcement comes after ongoing board woes and internal audits exposing issues with the group’s risk management processes which have been occurring since mid 2024.
