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Medi Lifestyle Appoints CFO

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Health care and wellness services provider Medi Lifestyle (SGX:Z4D) has appointed Chan Chung Pheng as the chief financial officer effective Aug. 1, according to a late-night filing on Wednesday.

He takes over from Edward Chen Boon Pok, who was appointed to the position of CFO in 2014 will step down on July 31.

Chan was the consultant of the company from May 1 to July 31, and provided business consultancy services, including advising and assisting the company on merger and acquisition negotiations and due diligence and fund-raising exercises.

The company's shares were down nearly 2% in Thursday's trade.

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