By 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.
VALUE CONVERGENCE HOLDINGS LIMITED (Incorporated in Hong Kong with limited liability) Website: http://www.vcgroup.com.hk(Stock Code: 821)
RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR, CHAIRMAN OF NOMINATION COMMITTEE AND MEMBER OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE
The board of directors (the "Board") of Value Convergence
Holdings Limited (the "Company") hereby announces that Mr.
Tse On Kin, John ("Mr. John Tse") has resigned as an
independent non-executive director, the chairman of
nomination committee and a member of audit committee and
remuneration committee of the Company with effect from 11
January 2012 in order to pursue other personal career
development.
Mr. John Tse confirmed that there is no disagreement between
him and the Board and there is no matter relating to his
resignation that will need to be brought to the attention of
the shareholders of the Company.
Following the resignation of Mr. John Tse, the number of
independent non-executive directors falls below the minimum
number required under Rule 3.10(1) of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong
Limited (the "Listing Rules"). The Company is in the process
of identifying suitable candidate to fill the vacancy of the
independent non-executive director under the Listing Rules as
soon as practicable (and in any event not later than the
three month period stipulated by Rule 3.11 of the Listing
Rules), in order to ensure compliance by the Company with
Rule 3.10 of the Listing Rules.
…/2
- 2 -
Furthermore, following the resignation of Mr. John Tse, the
number of audit committee members of the Company falls below
the minimum number required under Rule 3.21 of the Listing
Rules. The Board will appoint an appropriate person to fill
the vacancy in the audit committee as soon as practicable
(and in any event not later than the three month period
stipulated by Rule 3.23 of the Listing Rules), in order to
ensure compliance by the Company with Rule 3.21 of the
Listing Rules.
The Board would like to express its gratitude to Mr. John Tse
for his valuable contribution to the Group during his tenure
of office.
By Order of the Board of
Value Convergence Holdings Limited
Ha Shu Tong, Albert
Chief Executive Officer and Executive Director
Hong Kong, 11 January 2012
As at the date of this announcement, the Board comprises seven Executive Directors, namely, Mr. Ha Shu Tong, Albert (Chief Executive Officer), Mr. Chau King Fai, Philip, Mr. Cheng Tze Kit, Larry (Chief Investment Officer), Ms. So Wai Yee, Betty (Chief Financial Officer), Ms. Lam Yuk Ying, Elsa, Mr. Zhou Wentao and Mr. Tin Ka Pak, Timmy; two Non-executive Directors, namely, Dr. Lee Jun Sing (Chairman) and Ms. Wang Ying; and two Independent non-executive Directors, namely, Mr. Lam Kwok Hing, Wilfred and Mr. Lam Ka Wai, Graham.
| distribué par | Ce noodl a été diffusé par Value Convergence Holdings Ltd. et initialement mise en ligne sur le site http://www.vcgroup.com.hk. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-11 11:02:13 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| Resignation of Independent Non-executive Director, Chairman of Nomination Committee and Member of Audit Committee and Remuneration Committee |
