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Powermatic Data Systems Ltd. ( (SG:BCY) ) has provided an update.
Powermatic Data Systems Ltd. has announced significant changes to its Board of Directors and Board Committees, effective December 31, 2025. Professor Cham Tao Soon will retire from his roles, including Lead Independent Director and Chairman of the Audit and Risk Management Committee. Mr. Tang Wai Loong Kenneth will take over as Lead Independent Director, while Mr. Teo Thiam Chye Eric and Mr. Teo Eng Hock will assume chairmanship roles in the Audit and Risk Management Committee and Remuneration Committee, respectively. These changes are expected to impact the company’s governance structure and strategic direction, potentially influencing its market positioning and stakeholder relations.
More about Powermatic Data Systems Ltd.
Powermatic Data Systems Ltd. is a Singapore-based company that operates in the technology sector, focusing on providing data systems solutions. The company, along with its subsidiaries, is involved in delivering innovative products and services to meet the evolving needs of its market.
Average Trading Volume: 11,724
Technical Sentiment Signal: Buy
Current Market Cap: S$104.9M
Learn more about BCY stock on TipRanks’ Stock Analysis page.