Convoy (1019) executive director Rosetta Fong Sut-sam has resigned as executive director of the company with effect from November 16 due to her career development.
Prior to the resignation, her duties as an executive director had been suspended since December 8, 2017.
Fong joined Convoy in 1998 and in 2017, the Independent Commission Against Corruption and Securities and Futures Commission arrested Fung, and charged her with bribery.
Fong has confirmed that she has no disagreement with the board and there is no matter that needs to be brought to the attention of the shareholders in relation to her resignation. Trading in the shares will remain suspended until further notice.
The company holds an extraordinary general meeting today. Kaisa Group (1638) co-president Kwok Hiu-kwan and Frederick Ma Si-hang, who has been appointed as Convoy's director will attend the meeting.