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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Neo-Neon Holdings Limited    1868   KYG642571015

NEO-NEON HOLDINGS LIMITED

(1868)
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Neo Neon : RESIGNATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER

10/20/2019 | 06:11pm EST

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.

Neo-Neon Holdings Limited

同方友友控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1868)

RESIGNATION OF THE PRESIDENT AND

CHIEF EXECUTIVE OFFICER

Neo-Neon Holdings Limited announces that Mr. Seah Han Leong has tendered resignation as the president and the chief executive officer of the Company and will cease to act in these roles with effect from 9 January 2020. Mr. Seah will remain as an executive Director, a member of the Risk Management and Regulatory Compliance Committee and one of the authorized representatives of the Company.

RESIGNATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER

The board (the "Board") of directors (the "Directors" and each a "Director") of Neo-Neon Holdings Limited (the "Company") announces that Mr. Seah Han Leong ("Mr. Seah") has tendered resignation as the president and the chief executive officer of the Company and will cease to act in these roles with effect from 9 January 2020 as he wishes to devote more time on his personal and family commitments. Mr. Seah will remain as an executive Director, a member of the risk management and regulatory compliance committee of the Company (the "Risk Management and Regulatory Compliance Committee") and one of the authorized representatives of the Company.

The Board and Mr. Seah confirm that they have no disagreement with each other and that there is no matter relating to Mr. Seah's resignation as the president and chief executive officer of the Company that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

- 1 -

The Board is in the course of identifying suitable candidates to take on the roles of the president and chief executive officer of the Company and will make further announcement as and when appropriate.

By order of the Board

Neo-Neon Holdings Limited

Huang Yu

Chairman

Hong Kong, 21 October 2019

As at the date of this announcement, the executive Directors of the Company are Mr. SEAH Han Leong and Mr. Daniel P.W. LI; the non-executive Directors are Mr. HUANG Yu (Chairman), Mr. WANG Liang Hai and Mr. LIU Wei Dong; the independent non-executive Directors are Mr. FAN, Ren Da Anthony, Mr. LIU Tian Min and Ms. LI Ming Qi.

- 2 -

Disclaimer

Neo-Neon Holdings Limited published this content on 21 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2019 22:10:01 UTC


© Publicnow 2019
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Financials
Sales 2019 841 M 130 M 130 M
Net income 2019 -22,9 M -3,54 M -3,54 M
Net Debt 2019 92,7 M 14,3 M 14,3 M
P/E ratio 2019 -54,0x
Yield 2019 -
Capitalization 856 M 132 M 132 M
EV / Sales 2018 1,94x
EV / Sales 2019 1,42x
Nbr of Employees 960
Free-Float 26,7%
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Managers and Directors
NameTitle
Zhi Gao Chairman, President & Chief Executive Officer
Tang Hao Chien Chief Operating Officer & Marketing Director
Kai Fu Chief Financial Officer & Chief Accountant
Yuh Wen Chen Assistant Vice President-Information Technology
Han Leong Seah Non-Executive Director
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