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    1328   KYG4090W1134

GOLDSTREAM INVESTMENT LIMITED

(1328)
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International Elite Ltd. Announces Board Changes

01/31/2019 | 08:35am EDT

The board of directors of ZACD Group Ltd. announced that Mr. Cheung Ying Kwan has tendered his resignation as an independent non-executive Director, a chairman of Nomination Committee, a member of the Audit Committee and a member of the Remuneration Committee, with effect from 31 January 2019 in order to devote more time to focus on his other business commitments. Mr. Cheung has confirmed that he has no disagreement with the Board and he is not aware of any matters in connection with his resignation that need to be brought to the attention of the shareholders of the Company. The board announced that Mr. Lim Boon Yew has been appointed as an independent non-executive Director of the Company with effect from 31 January 2019. Mr. Lim, aged 44, has more than nineteen (19) years of experience in the financial printing industry, specialising in business development, sales and marketing, strategy formulation and general management. He has worked in Singapore, Hong Kong and Beijing, the PRC. Presently, he is the managing director of A.Plus International Financial Press Limited ("API"), a subsidiary of A.Plus Group Holdings, a company listed on the main board of The Stock Exchange of Hong Kong Limited. Mr. Lim joined API in January 2012 as the general manager and head of sales and marketing and was appointed as the director of API in February 2013. Prior to that position, Mr. Lim worked at another financial printing company in the PRC from January 2000 to December 2011 where his last position was an assistant general manager, sales and marketing.


© S&P Capital IQ 2019
Stocks mentioned in the article
ChangeLast1st jan.
GOLDSTREAM INVESTMENT LIMITED -9.09% 0.09 End-of-day quote.-30.23%
MSCI SINGAPORE (GDTR) 0.14% 6826.193 Real-time Quote.17.29%
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Financials
Sales 2020 384 M 49,5 M 49,5 M
Net income 2020 17,3 M 2,22 M 2,22 M
Net cash 2020 307 M 39,5 M 39,5 M
P/E ratio 2020 86,0x
Yield 2020 -
Capitalization 1 021 M 131 M 131 M
EV / Sales 2019 3,06x
EV / Sales 2020 3,01x
Nbr of Employees 2 293
Free-Float 17,8%
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Income Statement Evolution
Managers and Directors
Tun Lin Chief Executive Officer & Executive Director
Tsan Fai Lam Chief Operating & Financial Officer
Ling Huan Zhao Chairman
Heng Heng Qian Head-Information Technology
Kin Ping Lee Independent Non-Executive Director
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