Raymond Kim Goh has resigned from his position as Vallianz Holdings’ chairman and executive director with immediate effect due to “heath reasons”.
Forty-eight-year-old Goh is also executive chairman of Swiber Holdings, which he founded in 1996, and is non-executive chairman of Kreuz Holdings.
Today, Goh submitted a request for trading of Swiber’s shares to be halted on the Singapore stock exchange, “pending the release of an announcement” – likely to be the news of his departure.
He is also a member of Vallianz’s member of audit, remuneration and nominating committees. Vallianz is 25.2% owned by Swiber Holdings.
Goh holds a 0.64% stake in Vallianz through a family trust, and a 0.85% stake in Swiber.
Latest: Swiber goes into liquidation.
