PETALING JAYA: Fresh from disclosing the distribution of shares of the late Tan Sri Dr Chen Lip Keong which is held under the family trust, a surprising new development has taken place at Hong Kong-listed NagaCorp Ltd.
In a filing yesterday, the gaming group announced that Chen Cherchi, who is one of the late tycoon’s five sons, will no longer serve as chief executive officer (CEO) – finance and treasury of the company with effect from May 16, 2024.
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