November 12, 2012 2:11 AM
PACIFIC Healthcare Holdings has dropped Mr Benny Kwan as director after it was notified of documents from the Indonesian courts that showed that he had been convicted of an offence of misappropriation.
PACIFIC Healthcare yesterday shed light on the simmering disagreement between two major shareholders that has led to the resignation of its chief financial officer (CFO) and three independent directors.
FORMER Pacific Healthcare executive director Martin Huang and substantial shareholder Valuecare yesterday fired more criticisms against the company's corporate governance in a bid to change the composition of the board.
THE remaining Pacific Healthcare Holdings board members yesterday lashed out against suggestions made by its former executive director Martin Huang, a well-known plastic surgeon, that there were poor corporate governance standards at the board level.
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