LCD Global has shaken up its corporate floor after AF Global closed its takeover offer for the company. When the offer closed on March 12, 2015, AF Global had acceptances for 54% of LCD shares. With the takeover battle coming to a close, changes at the top are starting to take place at LCD Global.

As many as four senior figures resigned after the close of the offer. Announcements filed to the Singapore Exchange showed that executive director Iris Wu Hwee Tan and managing director Kelvin Lum Wen-Sum will depart in September and December respectively. LCD Global also announced that executive directors Shigeyoshi Asano and Nobuyoshi Fujisawa had resigned with immediate effect.

Aspial Corporation chief executive Koh Wee Seng was appointed as a non-executive director at LCD Global. Mr. Periakaruppan Aravindan, a non-executive director at Fragrance, was also brought into LCD Global as a non-executive director.