Ex-SMRT CEO Saw Phaik Hwa appointed as CEO of Auric Pacific Group which owns Delifrance
Posted by temasektimes on April 5, 2012
Ex-SMRT CEO Saw Phaik Hwa has been appointed the Chief Executive Officer of Auric Pacific Group with effect from 1 May 2012.
Auric Pacific Group made the announcement today:
Listed on the main board of the Singapore Exchange, Auric Pacific Group Limited is an investment holding company with diverse business interests ranging from the distribution of fast moving consumer food and non-food products, food manufacturing and retailing, the management of restaurant and food court operations and other strategic investments including property investment.
Auric Group owns core brands and franchises such as Delifrance, Food Junction, Tetsu and Sunshine bread. (read more here)
Ms Saw was blamed by many Singaporeans for the dismal state of SMRT today which is besieged by frequent train delays, disruptions and breakdowns. She resigned from SMRT in January this year following two massive train breakdowns along the North-South Line last December which earned the wrath of the public.