Singapore's Innopac Holdings Ltd. announced the resignations of its CEO and chairman, as well as three board directors.

The company said Dec. 21 that Wong Chin Yong resigned as chairman, effective the same day. He will step down from the CEO role, effective March 31, 2019.

Meanwhile, Ong Kah Hock, Arslan Koichiev and Moehamad Izat bin Achmad Habechi Emir as independent nonexecutive directors of the company. Moehamad Izat's and Koichiev's resignations took effect Dec. 21, while Ong Kah Hock's resignation will take effect March 20, 2019.