, Singapore

Pacific Healthcare Holdings' Chief Financial Officer Magdalene Chua resigns

The differences that surfaced between the Board and the Management made the CFO role untenable.

The Board of Pacific Healthcare Holdings announced the resignation of Magdalene Chua a Chief Financial Officer.

Differences and conflicts at both Board and Management levels have made Ms. Chua's CFO role untenable, according to a Pacific Healthcare Holdings report.

Ms. Chua, 51, was responsible for overseeing the financial activities of the Group. She ceased to be the director of MD Specialist Healthcare Pte. Ltd. effective 27 February 2012.

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