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Asti CEO retrenched amid 'difficult period' for company
Michael Loh spent more than 8 years at the helm of ASTI, but will continue to serve as chairman. His last day as CEO will be Dec 31.
Loh previously tried to resign in April 2019, but withdrew his resignation about a year later after the company asked him to lead it amid "challenging times" caused by the coronavirus pandemic. The Mainboard-listed company had been unable to find a replacement for Loh.