Eneco Energy (formerly Ramba Energy) has appointed Ngo Yit Sung as its executive director on July 10. In his new role, Ngo will oversee the group’s operations and will be responsible for its strategic direction in addition to establishing policies for management and governance.
Ngo was previously from fellow SGX-listed company, TOTM Technologies, where he was its business development manager from December 2020 to April 2021. He was then promoted to become the company’s executive director from April 2021 to February 2023.
Shares in Eneco Energy R14 closed 0.1 cent lower or 7.14% down at 1.3 cents on July 7.