Stock Market News
CFO makes sudden resignation from MySQUAR
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Tuesday that Pham Dang Hung has stepped down from his role as chief financial officer of the company and as an executive director from the board of directors with immediate effect, to pursue other interests.
The AIM-traded firm said it was intended that Pham would be available as a consultant to MySQUAR over a transitionary period, assisting Lim Ming Shing, who had been appointed as financial controller of the company - a non-board role, effective immediately.
Lim would assume responsibility for the financial management and reporting, and would report to chief operating officer Stephen Chong
The board said Lim is a fellow member of the Association of Chartered Certified Accountants and was previously regional financial controller for an operating subsidiary of an unnamed NYSE-listed business.
A search for a replacement to Pham had been initiated, with further announcements to be made in due course.
"Both myself and the board appreciate Hung's contributions over the last four years and wish him well in his future endeavors," said CEO Eric Schaer.
"With Hung's support and commitment, MySQUAR has evolved from a start-up organisation into a publicly listed company with a strong foundation for future growth.
"The board and I remain committed to continuing to move our business forward and evolving our products as a leading media and entertainment platform in Myanmar."
The AIM-traded firm said it was intended that Pham would be available as a consultant to MySQUAR over a transitionary period, assisting Lim Ming Shing, who had been appointed as financial controller of the company - a non-board role, effective immediately.
Lim would assume responsibility for the financial management and reporting, and would report to chief operating officer Stephen Chong
The board said Lim is a fellow member of the Association of Chartered Certified Accountants and was previously regional financial controller for an operating subsidiary of an unnamed NYSE-listed business.
A search for a replacement to Pham had been initiated, with further announcements to be made in due course.
"Both myself and the board appreciate Hung's contributions over the last four years and wish him well in his future endeavors," said CEO Eric Schaer.
"With Hung's support and commitment, MySQUAR has evolved from a start-up organisation into a publicly listed company with a strong foundation for future growth.
"The board and I remain committed to continuing to move our business forward and evolving our products as a leading media and entertainment platform in Myanmar."
Related share prices |
---|
MySquar Limited (DI) (MYSQ) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price