Halcyon Agri replaces CEO with controlling shareholder’s CFO

Halcyon Agri replaces CEO with controlling shareholder’s CFO

March 12, 2024 / Riah Marton /


HALCYON Agri has appointed the chief financial officer of its controlling shareholder Hainan Rubber Group (HRG) to replace its chief executive officer (CEO), with immediate effect.

The mainboard-listed rubber producer announced in a regulatory statement on Tuesday (Mar 12) that 56-year-old Sun Weiliang will take over from Li Xuetao as CEO. Li, 53, will relinquish the executive director position as well, and be assigned a post by HRG.

Halcyon Agri said the appointment is in line with HRG’s “strategic development and needs”.

Halcyon Agri shares have not been trading since April 2023 because its public float has fallen below 10 per cent.



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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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