Pacific Andes executive director, chief restructuring officer resigns

By Sheri Kasprzak

New York, July 7 – Pacific Andes International Holdings Ltd. said Thursday that its executive director and chief restructuring officer has resigned.

Paul Jeremy Brough resigned effective June 30, said a statement from the company.

“As a result of the company’s decision to implement the new initiatives in its restructuring process announced to the [Singapore Exchange Securities Trading Ltd.] on July 1, Mr. Brough tendered his resignation as it was not possible for him to discharge his primary mandate as chief restructuring officer,” said the statement.

The company’s board currently includes Ng Joo Kwee as executive chairman; Sung Yu Ching as managing director; Ng Puay Yee as executive director and chief executive officer; Tse Man Bun as non-executive lead independent director; Lim Soon Hock as non-executive independent director; and Tan Ngiap Joo as non-executive independent director.

Hong Kong’s Pacific Andes provides a range of at-sea transportation and logistical services to fishing companies and also operates fishing fleets and fishmeal processing facilities in the Pacific region.

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