Oriens Travel & Hotel Management Corp. (OTHM) President Announces Resignation
Oriens Travel & Hotel Management, the Next Generation International Hotel Brand Operator, announced recently that Mr. Ken Chua, President of Oriens, plans to resign from the Company. The pending action is anticipated to go into effect this week along with a workable succession plan. The plan is also expected to include a new executive officer. A spokesman for the company stated, "In light of recent events, along with those changes soon to be implemented for the growth and well-being of the Company, the timing for Mr. Chau's resignation is best for both Oriens' and its shareholders." A formal announcement is…