{"id":70094,"date":"2023-10-08T02:09:07","date_gmt":"2023-10-08T06:09:07","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/society-pass-names-finance-chief-raynauld-liang-to-ceo-post\/"},"modified":"2023-10-08T02:09:09","modified_gmt":"2023-10-08T06:09:09","slug":"society-pass-names-finance-chief-raynauld-liang-to-ceo-post","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=70094","title":{"rendered":"Society Pass Names Finance Chief Raynauld Liang to CEO Post"},"content":{"rendered":"
\n

By Ben Glickman<\/p>\n

Society Pass named Chief Financial Officer Raynauld Liang as chief executive.<\/p>\n

The Singapore-based e-commerce and fintech company said in a regulatory filing Friday that CEO Dennis Nguyen resigned from the company Thursday. Society Pass said Nguyen’s resignation didn’t result from a disagreement with the company.<\/p>\n

\n

Liang previously led the investment function of L K Ang Corporate, a family office, and founded Connex Capital, an initial public offering-focused advising company. He also served as CFO of Sino Environment Technology Group from 2007 to 2010, Society Pass said.<\/p>\n

The company also appointed Yee Siong Tan as CFO. Tan, 40, is the company’s controller and previously served as financial controller for ISOTeam, a construction engineering company, and finance manager for Hoe Leong Corp., a shipping and equipment supplier.<\/p>\n

Society Pass said Liang will receive an annual base salary of $600,000, while Tan will receive an annual salary of $150,000. Both will be eligible to participate in Society Pass’s bonus plan.<\/p>\n

Along with the executive appointments, Society Pass said it entered a structured financing agreement to sell up to $40 million in shares to Strattners. Under the agreement, Strattners can buy shares at 96% of the current market price.<\/p>\n

<\/pre>\n
Write to Ben Glickman at ben.glickman@wsj.com<\/p>\n<\/p><\/div>\n<\/div>\n
Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
By Ben Glickman Society Pass named Chief Financial Officer Raynauld Liang as chief executive. The Singapore-based e-commerce and fintech company said in a regulatory filing Friday that CEO Dennis Nguyen resigned from the company Thursday. Society Pass said Nguyen’s resignation didn’t result from a disagreement with the company. Liang previously led the investment function of […]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-70094","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nSociety Pass Names Finance Chief Raynauld Liang to CEO Post | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Ben Glickman Society Pass named Chief Financial Officer Raynauld Liang as chief executive. 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