The_King Posted January 31, 2020 Share Posted January 31, 2020 SINGAPORE (THE BUSINESS TIMES) - BreadTalk Group said on Friday (Jan 31) that Chan Ying Jian, who is both chief financial officer (CFO) and chief investment officer (CIO) of the group, has resigned. Mr Chan, 37, will leave BreadTalk on March 15 to pursue other career opportunities. He was appointed group CFO in June 2015, before assuming the additional role of group CIO in October 2019. The mainboard-listed food and beverage player said that upon Mr Chan's departure, executive chairman and founder George Quek will oversee the group's accounting, financial, treasury and tax matters. Mr Quek will be assisted by the group financial controller and the division financial controller. Two weeks ago, BreadTalk issued a profit guidance saying it expects a net loss for fiscal 2019 due to weakness in its bakery and food concept divisions, coupled with turmoil in Hong Kong. Mr Chan's resignation also comes shortly after group chief executive officer (CEO) Henry Chu quit for personal and health reasons. Mr Chu left the company on Dec 31, with chairman Mr Quek taking over his duties as group CEO in the interim. In September, aside from promoting Mr Chan to group CIO, BreadTalk also promoted two other C-suite executives. They are Jenson Ong, who took on the additional role of deputy group CEO, and William Cheng, who was appointed group chief operating officer. BreadTalk shares closed at $0.57 on Thursday, down 1.5 cents or 2.6 per cent. https://www.straitstimes.com/business/companies-markets/chan-ying-jian-quits-as-breadtalk-cfo-and-cio 1 Link to comment Share on other sites More sharing options...
aaur4man Posted January 31, 2020 Share Posted January 31, 2020 Lose money Liao! 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted January 31, 2020 Share Posted January 31, 2020 like i said, with a pe of more than 40x, only a matter of time b4 something bad happens. 1 Link to comment Share on other sites More sharing options...
The_King Posted January 31, 2020 Author Share Posted January 31, 2020 39 minutes ago, socrates469bc said: like i said, with a pe of more than 40x, only a matter of time b4 something bad happens. You must be bread talking me. Muahahhaha 1 Link to comment Share on other sites More sharing options...
unclefcuker Posted February 1, 2020 Share Posted February 1, 2020 Kenna pok liao then say pursue other career opportunities. Like grab? Link to comment Share on other sites More sharing options...
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