22 September 2021
Voluntary Reduction of Chairman's Salary
789 Holdings Limited ("789" or the "Company") wishes to advise shareholders that in light of the COVID-19 pandemic affecting New South Wales, and to preserve its balance sheet amid economic uncertainty, the Company's Executive Chairman, Mr Walton Zhu has volunteered to reduce his salary from $300k to $200k per annum, effective from 1 October 2021 for a period of three months. The salary reduction will be reviewed by the end of the third month or as required.
-ENDS-
For and on behalf of the Board
Kai (Walton) Zhu
Executive Chairman
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789 Holdings Ltd. published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 06:31:04 UTC.