Reap trio to depart

Singapore - Reap Media's founders Sylvia Lee, Dominic Chan and Eugene Chong have tendered their resignations to holding company TNBT.

Marketing communications director Lee, business development director Chan, and IT director Eugene Chong formed the company in 2001 and it was acquired by TNBT in 2006.

TNBT CEO Palani Pillai said this was part and parcel of growing a business and the company has done well with the three onboard. He added there will not a big impact on Reap's business as all companies are built based on what a company can do as a whole and not on the personal merits of individuals.

Replacements have been found and are likely to start work within the month.

The trio declined comment.