Lye Chee Fei resigned as TSH Corporation's group chief executive director and managing director
He remains executive director of the company.
Mr. Lye, 49, resigned as the company has ceased to have any operating business and has become a cash company. He became executive director on September 3, 2003, group CEO on March 1, 2006, and managing director on February 26, 2009. He is responsible for overall business growth, strategic initiatives, and directions of the group.