Sunrise Shares Holdings 581 has announced the resignation of executive director and CEO Boo Kuang Loon from March 1.
Tan Eng Eng has been appointed to replace Boo as executive director and CEO with immediate effect.
In July last year, Boo took control of Sunrise Shares with a purchase of 32.97% of the company’s shares for $1.5 million with the intention to undertake a review of its business.
Shares in Sunrise Shares closed unchanged at 2.8 cents on March 1.