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Surrey Hills Holdings Terminates Employment of Founder Pang Gek Teng
The Straits Times
|March 29, 2025
Ms Pang Gek Teng, who grew Surrey Hills Grocer from one to five outlets, is no longer chief executive (CEO) of Surrey Hills Holdings after it terminated her employment on March 26.
In a media statement on March 28, it said she has admitted to "certain wrongdoings and fraud" committed against the company.
It will be carrying out investigations to ascertain the extent of losses suffered.
In the interim, the CEO duties will be assumed by Madam Koh Chew Chee, director of the board of Surrey Hills Holdings.
The media statement added that daily operations and its businesses will continue without disruption.
Ms Pang told The Straits Times via WhatsApp on March 28: "While I am deeply disappointed with the current situation, I am immensely proud of what (my colleagues and I) have accomplished together.
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