Goh Jin Hian, who took over as chairman of New Silkroutes Group just a fortnight ago, has resigned from this position to “devote more time to personal affairs”. His resignation comes just over a week after he quit as chairman of another listed company CordLife Group.
Goh, son of former prime minister Goh Chok Tong, is in the news recently. He is being sued by the judicial managers of a fuel trading firm Inter-Pacific Petroleum for alleged breach of duties when he was its director. The firm suffered some US$156 million in losses.