King Wan Corporation Limited (SG:554) has released an update.
King Wan Corporation Limited, after a leadership change, is poised for a new growth phase with Dr. Teo Ho Pin taking over as the independent chairman from Mr. Chua Kim Hua. The company, which has not received any shareholder queries regarding the upcoming AGM resolutions, is responding to questions from the Securities Investors Association (Singapore) about its selection process for the new chairman and future strategic direction. Despite a challenging financial history, the company has seen a recent rebound, with equity rising to $70.1 million as of March 2024.
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