Yangzijiang Financial Holding Ltd. (SG:YF8) has released an update.
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Yangzijiang Financial Holding Ltd. held its second Annual General Meeting, addressing shareholders with a commitment to diversify its investment portfolio amidst a challenging economic climate marked by slow growth, high interest rates, and inflation. The company announced a leadership transition, with Mr. Toe stepping down as CEO, and Mr. Ren taking over as Executive Chairman and CEO, alongside Ms. Liu Hua as deputy CEO and CFO. The Board expressed appreciation for Mr. Toe’s contributions and signaled continued collaboration post his tenure.
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