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UG Healthcare Announces Leadership Restructuring and Board Reconstitution

Story Highlights
  • UG Healthcare announces leadership changes with Mr. Lee Keck Keong stepping down as CEO.
  • Mr. Lee Jun Yih and Mr. Lee Jun Linn appointed as Joint CEOs, leading to board reconstitution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UG Healthcare Announces Leadership Restructuring and Board Reconstitution

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UG Healthcare Corp. Ltd. ( (SG:8K7) ) has provided an announcement.

UG Healthcare Corporation Limited has announced significant leadership changes as part of its succession planning. The company, which operates in the healthcare sector, focuses on providing medical and healthcare products. Effective March 1, 2025, Mr. Lee Keck Keong will step down as CEO to concentrate on the company’s active retirement home project, while remaining as an Executive Director. Concurrently, Mr. Lee Jun Yih and Mr. Lee Jun Linn will be appointed as Joint CEOs, sharing the responsibilities previously held by Mr. Lee Keck Keong. These changes also lead to a reconstitution of the Board and Nominating Committee, reflecting the company’s strategic direction and governance structure.

More about UG Healthcare Corp. Ltd.

YTD Price Performance: -3.33%

Average Trading Volume: 170,091

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$72.36M

Find detailed analytics on 8K7 stock on TipRanks’ Stock Analysis page.

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