Yip Kean Mun steps down as PSL Holdings executive director
With spearheading and concluding the proposed transaction with Longmen Group as the primary aim of his position as executive director, he quitted after the proposed transaction was terminated and the deposit of USD5 million with a 5.33%-pa interest to Longmen has been recovered.
PSL Holdings announced the resignation of Yip Kean Mun as executive director.
Mr Yip, 51, was responsible for operations management and management of corporate affairs and initiatives within the group, according to a PSL Holdings report.
He was appointed to the post on 6 August 2014.