Koon Holdings Limited announced that the appointment of Loi Lup Sheng, Ron as Chief Financial Officer with effect from January 16, 2018. Loi Lup Sheng, Ron from April 2015 to December 2017 worked as Group CFO of Pan Asia Logistics Holdings Singapore Pte Ltd. Responsible for the Group's full spectrum of financial and accounting functions, including financial accounting, management accounting, internal controls and compliance with corporate, legal and tax requirements. Also responsible for the Group M&A activities. The company also announced the cessation of Lilian Tan Yin Yen as Chief Financial Officer with effect from February 19, 2018. Reason for cessation is t pursue personal interest and other opportunities.