The company responded to an SGX query on Thursday on Teo’s suitability to remain as the company’s lead independent director.
SINGAPORE (June 11): Wilton Resources’ nominating committee has decided that the company will retain Teo Kiang Kok as its lead independent non-executive director.
Teo, who also holds the role of director in Jadason Enterprises and Hyflux, was brought into the investigation for suspected false and misleading statements as well as breaches of disclosure requirements under Hyflux on Tuesday (June 9).
