Nordic Group has appointed Astro Chang Yeh Fung as the CEO of Starburst Holdings and its subsidiaries, effective June 20.
Chang is the brother of Nordic Group’s executive chairman Chang Yeh Hong. He is interested in some 3.1 million shares in Nordic Group
He was most recently the group head of strategic investments and projects at Nordic Group from Dec 1, 2021, to June 19.
Nordic had made a cash offer of 23.8 cents per share for all the shares in Starburst Holdings on Jan 24.
The acquisition was completed on April 21, in which Starburst became a wholly-owned subsidiary of Nordic Group. It was delisted on April 22.
Shares in Nordic closed flat at 42 cents on June 20.
