MTQ Corporation Limited

[millionairemind]

Mr. Kuah Kok Kim has stepped down as Chief Executive Officer ("CEO") and Mr. Kuah Boon Wee has been appointed as the new CEO

i wonder...if these 2 Kuahs (punt intended) are related???

if so....as i've always said... so much for public listed family run companies...

Father and Son...

[kennynah]

what a coincidence.... hahahaha....

上梁不正，下梁歪

they have the best role model in parliament to learn from...

[millionairemind]

what a coincidence.... hahahaha....

上梁不正，下梁歪

they have the best role model in parliament to learn from...

Aiya... some goes to the army before returning.. some goes to PSA

TCSS only while watching the US futures cheong..

[kennynah]

and some go right to the job....after the seat gets warmed up nicely....hahaha...

[tonylim]

Some go straight into it after the post was specially created.
Hongkongers always say ; The World is like that one.

[Musicwhiz]

MTQ appoints Kuah Boon Wee as CEO to expand the group
By Ephraim Seow | Posted: 14 April 2010 2050 hrs

SINGAPORE: Mainboard-listed marine services specialist MTQ has appointed a new chief executive officer in the bid to expand the group.

With effect from July 1, Mr Kuah Boon Wee, son of the current executive chairman and CEO Kuah Kok Kim, will become the group's CEO.

Mr Kuah Boon Wee has been MTQ's director since 2006.

He will be leaving port operator PSA International where he is currently the CEO of PSA's Middle East and South Asia region.

When contacted, a PSA spokesman would only confirm that Mr Kuah was leaving the firm.

According to an internal staff memo seen by MediaCorp, Mr Kuah's last day with PSA is June 28.

The memo said he's in the process of handing over his duties as CEO of PSA Middle East and Asia to the Group CEO Eddie Teh, who will act as the division's head for now.

Prior to joining PSA, Mr Kuah was the chief financial officer for the mainboard-listed ST Engineering.

Meanwhile, MTQ's current Executive Chairman and CEO Kuah Kok Kim will retain certain executive functions and continue to be the Executive Chairman to provide guidance to the group.

On the succession, he said a younger leader is able to commit to take MTQ through the next growth phase, which includes organic growth and ventures overseas. - CNA/vm

[tonylim]

Investors are possitive about the recent announcements.

[Musicwhiz]

Investors are possitive about the recent announcements.

I didn't expect the sudden surge in the market price. This is terrible news! I hadn't collected enough yet, actually.

[tonylim]

Investors are possitive about the recent announcements.

I didn't expect the sudden surge in the market price. This is terrible news! I hadn't collected enough yet, actually.

Mw,
You are good in picking stocks. I come to know MTQ from your Blog. I bought it at 0.71.
Many thanks and all the best.

[Musicwhiz]

Hi tonylim,

Haha you flatter me too much! All I do is use my blog as a diary of sorts to elucidate my thought process in investing and to document my feelings, emotions and experiences. I am glad that you find it useful.

However, do note that whatever I write is always with a Disclaimer. So please do your own research as well. I do NOT recommend either buying or selling any shares which I may mention in any of my posts. Thanks!