(Alliance News) - Stevia sweetener maker PureCircle Ltd on Tuesday said Tan Boon Seng has resigned as a non-executive director effective immediately, just over one month since taking up the role.
PureCircle explained Boon Seng stepped down due to personal commitments, but remains a "long-term investor" of the firm.
Boon Seng was hired as a representative of investor Wang Tak Co Ltd, which PureCircle in November explained has a total interest of 28% in the company.
On Friday, the Malaysia-headquartered company appointed James Ritchie as chief restructuring officer and interim chief financial officer.
PureCircle shares are currently suspended from trading.
By Eric Cunha; ericcunha@alliancenews.com
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