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SGX RegCo to scrutinise reappointment of Shanghai Turbo Enterprise's ED Liu Ming

The Edge Singapore
The Edge Singapore • 2 min read
SGX RegCo to scrutinise reappointment of Shanghai Turbo Enterprise's ED Liu Ming
SGX RegCo is also requiring an independent professional to be appointed by May 18 to undertake an independent review of Liu
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SGX RegCo will subject the reappointment of Liu Ming of Shanghai Turbo Enterprise to review over the next three years, says the exchange’s regulatory body in a Notice of Compliance on April 19.

Liu was CEO of the company between 2006 and 2017. He wasn’t elected at the company’s AGM for FY2017 in April 2017.

Since then, Liu and various other parties have been in a long-drawn legal and at times physical tussle for control over both the listed entity here, as well as the company’s key operating subsidiary in China.

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