Thailand: Oishi Group founder resigns amid rumor of internal rift.

Section: Corporate News - The founder of Oishi Group has submitted his resignation amid speculation of an internal rift within the group. His resignation will become effective on September 9.

Paiboon Kujareevanij, Deputy Managing Director of Oishi Group, said that at the fifth board meeting yesterday, the board acknowledged the intention of Tan Passakornnatee to resign as the group's board member and managing director. His resignation will become effective on September 9.

Tan, who is credited as the founder of Oishi, said he would not elaborate on his decision to quit, adding that a press conference will be held to officially announce his resignation today.

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