REDtone appoints Lau Hock Chye as its CFO

07 Jun REDtone appoints Lau Hock Chye as its CFO

REDtone International Bhd has appointed Lau Hock Chye, who has more than 20 years of working experience in the telecommunications industry, as its chief financial officer (CFO).

REDtone told Bursa Malaysia in a filing that Lau, 49, has had hands-on practice in management, business leadership and working with board of directors, bankers, financial and legal advisers.

Lau used to be U Mobile Sdn Bhd’s CFO for four years since 2009 before joining Maxis Communications Bhd in 2013 as its planning and strategy head for 2½ years.

Prior to that, he was with Digi Telecommunications Sdn Bhd for about 13 years as its business planning team leader and regional management head before leaving in 2009.

He has professional qualifications from the Institute of Chartered Secretaries and Administrators (ICSA) and the UK Association of International Accountants.

Lau replaces predecessor Prabodh K. Sheth who resigned on March 31 this year after serving the group since Nov 3, 2014.

At closing, REDtone dipped half sen or 1.1% to 45 sen for a market capitalisation of RM340.26 million.

 

Source: The Edge

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