Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

China Metro-Rural Holdings CFO Lee Che Chiu To Resign

China Metro-Rural Holdings Limited (CNR) Friday said its Chief Financial Officer Lee Che Chiu has announced his resignation, effective July 19, 2013.

Lee is resigning as CFO of the company to pursue his professional development elsewhere. Lee had joined the company as since 2011.

Sio Kam Seng, Chairman of Board and the Chief Executive Officer, has been appointed as the acting CFO of the company effective July 19, 2013, until a successor for Lee is appointed.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.