Non-executive director John Ernest Newbury has resigned, says investment holding company MICROmega.
Newbury's resignation is effective from yesterday. He joined the board last year after the company bought Kolbenco.
Kolbenco, a manufacturer of automotive pistons, discontinued its manufacturing activities at the end of last year.
MICROmega says, as a result, Newbury's “role in this business is, therefore, no longer required and this brought about his resignation from the board”. It thanked him for his “dedication and contribution”.
The company has interests in several sectors, including IT. Its IT division houses entities such as Intermap, an enterprise software development company serving a range of commerce, industry and government clients.
Its Revenue Management Solutions is a meter-reading company, which provides revenue management solutions to local government and other water and electricity utilities.
MICROmega Technologies is a distributor of business network optimisation solutions, including hardware technologies, software-based analytical and management systems.
Share
