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Laura Ashley Holdings CFO Kien-Mun Ho Leaves - Quick Facts

Laura Ashley Holdings plc (ALY.L) said that Kien-Mun Ho has relinquished his roles as chief financial officer and company secretary, to pursue other interests.

Effective immediately, Seán Anglim would assume the role of Chief Financial Officer, while also retaining his Joint Chief Operating Officer role. In addition, the company has recruited a new financial controller who would report to Anglim. Kai Xiang Teo would assume the role of company Secretary with immediate effect.

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by RTT Staff Writer

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After moving sharply lower in early trading on Wednesday, stocks have seen continued weakness over the course of the trading session. Will the pullback, the major averages are adding to the modest losses posted in the two previous sessions. With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August. Growth in U.S. manufacturing activity saw a notable slowdown in the month of September, according to a report released by the Institute for Supply Management on Wednesday, with the index of activity in the sector pulling back off a three-year high.
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