Hanwell, Tat Seng chairman quits after bankruptcy disclosure

Singapore

MAINBOARD-LISTED Hanwell Holdings' executive chairman has quit the board, with the company adding it had not been aware of his disqualifying bankruptcy until Wednesday.

Allan Yap, 64, the chairman since 2002, has since stepped down on Wednesday, according to a late-night bourse filing on Thursday from Hanwell.

He has resigned, also with immediate effect, as executive chairman of 64 per cent-owned Tat Seng Packaging Group as well.

Separately, the Accounting and Corporate Regulatory Authority (Acra) disclos…

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