China Yuchai International Limited has appointed Hoh Weng Ming as its new chief financial officer starting May 1, 2008.
Prior to re-joining China Yuchai, Hoh Weng Ming was the group controller of the Industrial Product Group division for Hong Kong-listed, Johnson Electric Industrial Manufactory Limited, a leading industrial electric motor producer. Before Johnson Electric, he was the deputy general manager and financial controller for two of Hong Leong Asia Limited's subsidiaries: Henan Xinfei Electrical Co. from 2003 to 2005 and China Yuchai, from 2002 to 2003.
The board of directors of China Yuchai accepted Ho Tuck Chuen's resignation on March 20 due to his ongoing health issues. At the time of his resignation, the company says there were no material disagreements between Ho and the
management or the board of directors. Ho will continue to serve as CFO and a director until April 30 and thereafter as an advisor to the company.
Teo Tong Kooi, China Yuchai's president, said, "We thank Tuck Chuen for his contributions and wish him well as he addresses his health issues. We welcome the return of Hoh Weng Ming to China Yuchai to strengthen our internal controls and assist in expediting the audit process."