China's largest orange plantation owner and operator, Asian Citrus Holdings has announced that Sung Chi Keung, known also as Eric Sung, has tendered his resignation as executive director, finance director and company secretary.
Sung is due to leave the company at the end of June in order to pursue 'his own personal business interests', the group confirmed in a statement, adding that it had appointed Lau Hak Kin (Wood Lau) as acting chief financial officer with effect from 1 July.
Lau, who is currently financial controller at Asian Citrus having joined in December 2005, is expected to oversee the accounting, finance and treasury functions at the company.
'The board has formed a committee to identify a suitable candidate to fill the role of chief financial officer on a permanent basis,' the statement added.
In the meantime, Asian Citrus has also appointed Ng Cheuk Lun (Mark Ng) as company secretary and Tong Hung Wai (Tommy Tong) as its authorised representative to the Hong Kong Stock Exchange, both with effect from the beginning of July.
'The board would like to express its gratitude to Mr Sung for his contributions over the years and welcome Mr Lau and Mr Ng to their new positions in the company,' the statement concluded.
