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Traffic Corner CEO resigns.
(From The Nation (Thailand))
Byline: The Nation.
Traffic Corner Holdings' chief executive officer Ruamnakorn Tubtimthongchai resigned last Friday.
He also stepped down as chairman of the company's executive committee, but retains a directorship, according to a filing with the Stock Exchange of Thailand (SET) yesterday.
Ruamnakorn is Traffic Corner's major shareholder with a 17.8-per-cent stake. In July, he bought 58 million shares, representing a 16.92-per-cent stake from Suraphong Triamchanchai at Bt0.81 per share.
The stock closed yesterday at Bt0.41, down 4.65 per cent.
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