The company was one of the three penny stocks whose shares were allegedly manipulated by John Soh back in 2013. Tan was appointed LionGold CEO back in Jan 2012.
SINGAPORE (April 28): Raymond Tan, group CEO of LionGold, has resigned to “facilitate board renewal”, although he will stay on as a consultant after his resignation takes effect on April 30.
An existing director, Sun Shu, has been appointed lead independent director.
