Sky Blue 11 (HKG:1010) has terminated its CEO, Lam Fuk Tak, effective May 14, a Thursday bourse filing stated.
The move came after Lam failed to respond to the company's correspondence and inquiries related to his absence from work since May 14.
The integrated circuits and semiconductor maker is currently identifying suitable candidates for the vacant position of CEO and will make further announcements as and when needed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments