Friday, July 01, 2022

Jimei announces two new exec directors

Junket investor Jimei International Entertainment Group Ltd has appointed two new executive directors, effective May 11, according to a filing by the company to the Hong Kong Stock Exchange.

The new directors include Mr. Yan Xu, the legal representative and an executive director of Chengdu Xuhe Property Development Group; and Ms. Chen Hong, an experienced investor with investments covering technology and telecommunication sectors as well as interest in various PRC-based technology and/or telecommunication related companies, and listed companies in Hong Kong.

It is understood that Mr. Yan has a 65.04 percent stake in the company, equating to 369.3 million shares, while Ms. Chen currently holds 200,400 shares in the company, representing 0.04 percent of the issued share capital of the company.

The new directors have been appointed for a term of three years starting May 11, 2017.

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