Keeping an eye on Communist, Totalitarian China, and its influence both globally, and we as Canadians. I have come to the opinion that we are rarely privy to truth regarding the real goal, the agenda of Red China, and it's implications for Canada [and North America as a whole]. No more can we rely on our media as more and more information on China is actively being swept under the carpet - not for consumption.
Saturday, February 28, 2015
Former SMRT chief Saw Phaik Hwa to retire as Auric Pacific CEO
Ms Saw Phaik Hwa remains as consultant with at Lippo
JAN 28, 2015 12:54 PM
Ms Saw Phaik Hwa will remain as a consultant with the Lippo Group of companies, and will continue to advise Auric Pacific on various matters.
SINGAPORE - Auric Pacific Group has announced that former SMRT head Saw Phaik Hwa will retire as its chief executive officer and executive director, effective from May 1 this year.
She will remain as a consultant with the Lippo Group of companies, and will continue to advise Auric Pacific on various matters, the mainboard-listed company said in a filing with the Singapore Exchange on Tuesday night.
Auric, a diversified unit of the Indonesian conglomerate, has a varied portfolio in food manufacturing, distribution and retail. It produces Sunshine bread and also owns Food Junction foodcourts and the Delifrance Asia café chain.
Auric's board of directors said they wished to thank Ms Saw for her leadership and contributions to Auric Pacific during her tenure of service since her appointment on May 1, 2012.
Said executive director Stephen Riady: "In her time with us, Ms Saw has turned Auric Pacific from a sales-led to a marketing-led business. She has raised the profile of our brands and turned many of them into household names, and also refreshed the look of many of our established brands."
Dr Riady added that Ms Saw had also strengthened the Auric Pacific's operational strength, and re-organised the group's IT and infrastructure framework.
Ms Saw said in the statement that she was grateful to management and staff for making her three years at Auric Pacific most exciting.
The board said it has a succession plan in place and will announce a new CEO in due course.