SINGAPORE - Embattled coffee shop operator Kimly has promoted its human resource and special projects head, according to a bourse filing during the midday trading break on Monday (JAN 21).
Tan Chong Sing, 42, became head of operations on the same day - an executive role - and will oversee food retail, business development and corporate communications.
Mr Tan, who also goes by "Roy", joined Kimly in 2017 after selling a coffee shop at Block 631, Bedok Reservoir Road to the Catalist-listed food and beverage group for $850,001.
He now has 1.39 million shares in the company, or an interest of some 0.12 per cent.
Meanwhile, a joint probe into Kimly remains ongoing.
The Commercial Affairs Department, which is a police unit, and the Monetary Authority of Singapore, the securities regulator, launched an investigation in November 2018 into Kimly's $16 million acquisition of drinks manufacturer Asian Story Corp - a deal that was later scrapped.
Executive chairman Lim Hee Liat, who was released on bail after his arrest last year, has been put up for re-election at Kimly's upcoming annual general meeting on Jan 30.