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Trans-China Automotive Reshapes Board and Committees After Director’s Resignation

Story Highlights
  • Trans-China Automotive will see Non-Executive Director Mark Fukunaga resign on 31 December 2025 and leave all board committees.
  • The company reconstituted its board and key committees, assigning leadership roles to independent directors to maintain governance oversight.
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Trans-China Automotive Reshapes Board and Committees After Director’s Resignation

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Trans-China Automotive Holdings Ltd. ( (SG:VI2) ) has shared an update.

Trans-China Automotive Holdings Limited announced that Non-Executive Director Mark Fukunaga will resign from the board with effect from 31 December 2025, and will concurrently step down from the Audit and Risk, Nominating and Remuneration Committees, with the board formally recording its appreciation for his service. Following his departure, the company has reshuffled its governance structure, confirming a five-member board led by Executive Chairman and CEO Francis Tjia and reconstituting its board committees under the leadership of independent directors Henry Tan, David Leow and Steven Petersohn, moves that clarify the group’s post-2025 governance line-up and maintain independent oversight across key board committees.

More about Trans-China Automotive Holdings Ltd.

Trans-China Automotive Holdings Limited is a Singapore-listed automotive group with operations conducted through subsidiaries, overseen by a board comprising executive and independent directors. The company is governed by several key board committees, including the Audit and Risk Committee, Nominating Committee and Remuneration Committee, reflecting a standard corporate governance structure for a listed entity.

Average Trading Volume: 1,063,622

Technical Sentiment Signal: Sell

Current Market Cap: S$18.28M

Find detailed analytics on VI2 stock on TipRanks’ Stock Analysis page.

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