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Fu Yu Corporation Limited ( (SG:F13) ) has shared an update.
Fu Yu Corporation Limited announced the termination of its Group CEO, Mr. Seow Jun Hao David, due to gross default and misconduct, including breaches of fiduciary duties. This decision follows an internal review initiated by concerns from minority shareholders and subsequent investigations by independent directors and third-party professionals. The company is conducting further investigations and will disclose more details in due course.
More about Fu Yu Corporation Limited
Fu Yu Corporation Limited is a company incorporated in Singapore, operating in an industry that has faced financial challenges, as evidenced by consecutive years of losses in 2023 and 2024.
Average Trading Volume: 1,215,215
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$77.72M
See more data about F13 stock on TipRanks’ Stock Analysis page.