Great Eastern Holdings (GEH) has appointed Andrew Khoo Cheng Hoe as a non-executive and non-independent director of the company, according to a bourse filing on Sept 5.
Khoo is currently a director of Oversea-Chinese Banking Corporation (OCBC), the board chairman of OCBC Bank (Hong Kong), a director of OCBC Management Services, and a board member of the National Environment Agency.
GEH says that its board has constantly been on the watch for suitable persons to contribute to the group at the board level, and has identified Khoo as someone with the experience and expertise to contribute to the effectiveness of the board.
GEH resumed trading on Aug 21 following a one-for-one bonus issue after less than 75% of minority shareholders voted against delisting at its EGM on July 8. The insurer’s shares had been suspended since July 2024, when OCBC made the bid to take the company private for $25.60.
Shares in Great Eastern Holdings closed 3 cents higher or 0.219% up at $13.71 on Sept 5.
