leadership
confidence high
sentiment negative
materiality 0.90
NusaTrip terminates CEO and CFO for cause; appoints successors effective May 17, 2026
NUSATRIP Inc
- CEO Anson Neo and CFO Tan Yee Siong terminated for cause on May 17, 2026; both no longer hold any officer roles.
- Board appoints Tjin Patrick Soetanto as CEO and Wallace Tzi Chun Foo as CFO, effective immediately, pending final terms.
- Independent director Richard Hou resigned Feb 5, 2026; Xin Li appointed to board and Audit/Nominating Committees.
- Soetanto was previously CEO (June 2023) and Head of Hotel; Foo has 30+ years in investment banking, CFA charterholder.
item 5.02
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Selected #1 for 2026-05-20.
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