Jun 16, 2017 - Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take ... (Stock Code
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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(Incorporated in the Cayman Islands with limited liability) (Stock Code: 8001)
APPOINTMENT OF EXECUTIVE DIRECTOR The Board announces that with effect from 16 June 2017, Ms. Cheung has been appointed as an executive director of the Company. The board of directors (the “Board”) of Orient Securities International Holdings Limited (the “Company”) hereby announces that with effect from 16 June 2017, Ms. Cheung Yu Xuan (“Ms. Cheung”) has been appointed as an executive director of the Company. Biographical Details of Ms. Cheung Yu Xuan Ms. Cheung, aged 31, has joined the Group in August 2015 and is currently the director of three wholly owned subsidiaries of the Company, namely Capital Business International Limited, Orient Securities Holdings Limited and Orient Securities Limited. Ms. Cheung is also Assistant Director (Business Development) of Orient Securities Limited and has about 6 years of experience in financial planning and business development. Ms. Cheung graduated from Shanghai University of Traditional Chinese Medicine with a Bachelor of Science. Ms. Cheung has entered into a service contract with the Company. Pursuant to the service contract, Ms. Cheung will be appointed for an initial fixed term of three years commencing on 16 June 2017 and will continue thereafter until terminated by not less than three months’ notice in writing served by either party to the other. Her appointment will be subject to retirement and re-election at the forthcoming general meeting of the Company after her appointment and will also be subject to retirement by rotation and re-election in accordance with the articles of association of the Company. Ms. Cheung is entitled to an annual salary of HK$360,000 as well as a discretionary bonus to be determined by the Board. The emoluments of Ms. Cheung was determined by the Board by reference to her experience, duties and responsibilities, the prevailing market conditions and the recommendation from the remuneration committee of the Company. * For identification purpose only
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Saved as disclosed above, as at the date of this announcement, Ms. Cheung:(i)
does not have any relationships with any Directors, senior management or substantial or controlling shareholders (as respectively defined in the Rules Governing the Listing of Securities on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (the “GEM Listing Rules”)) of the Company;
(ii) has not held any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and (iii) does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Saved as disclosed above, there is no other information to be disclosed pursuant to any of the requirements of Rule 17.50(2) of the GEM Listing Rules (particularly in relation to subparagraphs (h) to (v) therein) nor are there of any other matters that need to be brought to the attention of the shareholders of the Company relating to the appointment of Ms. Cheung. The Company would like to welcome Ms. Cheung joining the Board.
By order of the Board Orient Securities International Holdings Limited Lee Nga Ching Executive Director
Hong Kong, 16 June 2017
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As at the date of this announcement, the executive Directors are Mr. Lam Shu Chung, Ms. Lee Nga Ching and Ms. Cheung Yu Xuan; the non-executive Director is Ms. Tse Ka Pui Jessica; and the independent non-executive Directors are Mr. Lee Siu Leung, Mr. Tang Chung Wai and Ms. Chan Man Yi. This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading. This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company’s website at www.orientsec.com.hk.
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