Business
Board and Directorate Change
Board and Directorate Change.
About this update from Sealand Capital Galaxy Ltd.
[{"type":"text","content":"\n \nRNS Number : 0234T Sealand Capital Galaxy Limited 29 June 2018 \n\nFor immediate release: 29th June 2018\n \nSealand Capital Galaxy Limited\n(\"Sealand\", or \"Company\")\n \nBoard and Directorate Change\n \nSealand Capital Galaxy Limited announces that the Board has accepted the resignation of CEO, Mr Leon Lim. As a result, Mr Lim will step down from the Board of the Company with immediate effect.\n \nMr Nelson Law will become Executive Chairman with immediate effect and will assume responsibility for the day to day running of the business and implementing its acquisition strategy. \n \nNelson Law, Executive Chairman commented:\n \n\"Following an extensive internal review and the disposal of SecureCom, which was necessary given the substantial additional capital it would have required to remain competitive, the Company has concluded that new leadership is required. We are now focussing our business strategy on the enormous opportunity that WeChat Advertising and WeChat pay represents and look forward with confidence.\n \n-ends-\n \nEnquiries\n\n\n\n\nSealand Capital Galaxy Limited\n\n\n \n\n\n\n\nLaw Chung Lam Nelson, Executive Chairman\n\n\n+ 44 7537959788\n\n\n\n\nNicholas Lyth, Non-Executive Director \n\n\n+ 44 7537959788\n\n\n\n\n \n\n\n \n\n\n\n\nBelvedere Communications \n\n\n \n\n\n\n\nJohn West\n\n\n+44 2035670510\n\n\n\n\nKim van Beeck\n\n\n+44 7477967446\n\n\n\n\nLlewellyn Angus\n\n\n+44 7407023147\n\n\n\n\n \nNotes to Editors:\n· Sealand Capital Galaxy Limited (LSE: SCGL) is engaged in the investment and acquisition of IT and social media businesses in the APAC region with high growth potential.\n· The Company's Shares are traded on the Official List of the London Stock Exchange's main market for listed securities under the ticker SCGL.\n· Further information on Sealand is available on its website http://www.scg-ltd.com/\n \nDisclaimer\n \nThis announcement contains certain forward-looking statements. These statements are made by the Company's directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent uncertainties, including...