Xuan Yan, a board member at United States-based casino operator Las Vegas Sands Corp (LVS), is to leave the role after fewer than 18 months.
A December 23 filing said Mr Yan, a former president – Greater China Region at casino equipment supplier Scientific Games Corp, would leave the casino group’s board on December 31, due to “other professional commitments”.
The filing added – indirectly citing Mr Yan – that he was “extremely proud of his association with the company because it is such a well-run and socially-responsible organisation”.
His appointment to the Las Vegas Sands board had been announced in September 2019.
The December 23 statement mentioning Mr Yan’s exit, said Nora Jordan would join the Las Vegas Sands board on January 1 next year as a non-employee director.
China’s central bank says it has asked the country’s payments giant Ant Group Co Ltd to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma.
The announcement came more than a month after Chinese regulators abruptly suspended Ant’s blockbuster $37bn initial public offering in Shanghai and Hong Kong and only days after the country’s antitrust authorities said they had launched a probe into Ma’s e-commerce conglomerate Alibaba Group Holding Ltd.
Chinese regulators and Communist Party officials have set about reining in Ma’s sprawling financial empire after he publicly criticised the country’s regulatory system in October for stifling innovation.
The Straits Times
Poet Marylyn Tan blazes the trail with Singapore Literature Prize win
Ms Marylyn Tan was also the first female poet to score a solo win in the prize s 28 years.PHOTO: ST FILE
https://str.sg/JRWr
They can read the article in full after signing up for a free account.
Share link:
Or share via:
Sign up or log in to read this article in full
Sign up
All done! This article is now fully available for you
Read now
Get unlimited access to all stories at $0.99/month for the first 3 months.
Get unlimited access to all stories at $0.99/month for the first 3 months.