Lee Hsien Yang, 7 other directors step down from F&N board
SINGAPORE--Fraser & Neave chairman Lee Hsien Yang and seven other directors have stepped down from the company’s board.
SINGAPORE--Fraser & Neave chairman Lee Hsien Yang and seven other directors have stepped down from the company’s board.
The move, which was announced last month, comes after the takeover of F&N by Thai whiskey king Charoen Sirivadhanabhakdi.
Speaking at the company’s annual general meeting in January, Mr Lee said the directors decided to resign to allow Mr Charoen’s TCC Assets to have a “free hand to chart a new direction” for F&N.
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