, Singapore

David Macleod steps down as Multiport Logistics' managing director

The company intends to outsource the functions previously overseen by Mr. Macleod.

The Board of HTL International Holdings announced the resignation of David Macleod as managing director of Multiport Logistics, a wholly-owned subsidiary of the Company.

Mr Macleod, 59, expressed his wish to pursue personal and other professional interests.

He was responsible for overseeing the Group's freight management and other logistics matters, according to an HTL International Holdings report.

He was appointed to the post 1 August 2005.

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