SATS’ CFO Manfred Seah to step down; assume role of special advisor (update)

Timothy Tang is taking as the new group CFO, Sats announced on April 24. He was previously CFO of travel retailer DFS Group.

Seah, who holds 694,603 ordinary shares in SATS, will assume the role of special advisor with SATS and continue to lead group-wide projects upon his cessation as CFO.

Shares in SATS closed 2 cents higher or 0.66% up at $3.05 on June 26.

Editor's note:

See also: Institute of Policy Studies appoints Piyush Gupta as 17th S R Nathan Fellow for the Study of Singapore

This article has been updated to reflect the appointment of Timothy Tang as the new group CFO