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China Yuchai International names new director.

M2 EQUITYBITES-February 27, 2019--China Yuchai International names new director

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Auto Business News - 27 February 2019

China Yuchai International Limited (NYSE: CYD), a company engaged in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China, has named Eng Kwee Tan as its new director, effective February 22, 2019.

Kwee Tan, who was a non-executive director of the company from February 2010 to November 2011, is presently the CEO and a director of Hong Leong Asia Ltd. He has more than 30 years of operations, corporate, accounting and financial experience. Prior to HLA, he served in Gold Coin Group for more than 10 years, holding senior management positions of CFO, group business development director, group logistics director and group chief operating officer. In recent years, he has held senior management positions in Perennial China Retail Trust Management Pte. Ltd., Dynapack Asia Pte. Ltd. and Epsilon Global Communications Pte. Ltd.

With the new appointment, the board of directors now includes nine members, of which three are independent directors.

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Publication:M2 EquityBites (EQB)
Date:Feb 27, 2019
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