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CWT INTERNATIONAL LIMITED
(Incorporated in Hong Kong with limited liability)
(Stock Code: 521)
CHANGE OF COMPANY SECRETARY
The board (the "Board") of directors (the "Directors") of CWT International Limited (the "Company") announces that with effect from 8 October 2019:
- Mr. Lau Lap Ngai ("Mr. Lau") has resigned as the Company Secretary of the Company but will remain in the company secretarial team of the Company as a supporting role. Mr. Lau has confirmed that he does not have any disagreement with the Board and there is no other matter regarding his resignation that needs to be brought to the attention of the shareholders of the Company; and
- Following the resignation of Mr. Lau, Mr. Cheung Kwok Kuen, Alan ("Mr. Cheung") has been appointed as the Company Secretary.
Mr. Cheung holds a bachelor of science degree from the University of Toronto and is admitted as a solicitor in Hong Kong. He has over ten years of legal experience with a focus on areas of corporate and commercial, regulatory and investment funds. Mr. Cheung is the General Counsel of the Company and prior to that, he has worked in private practice with international law firms and as in-house counsel with HNA Group (International) Company Limited.
The Board would like to take this opportunity to thank Mr. Lau for his past contributions to the Company and welcome Mr. Cheung to his position in the Company.
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CONTINUED SUSPENSION OF TRADING
Reference is made to the announcements of the Company dated 10 April 2019, 6 June 2019, 9 July 2019, 19 July 2019 and 5 August 2019. Capitalised terms used in this section headed CONTINUED SUSPENSION OF TRADING have the same meanings as defined in the aforementioned announcements.
At the request of the Company, trading in the shares of the Company on the Stock Exchange was halted from 2:32 p.m. on 10 April 2019. The shares of the Company will remain suspended until the materialization of the disposal plans of the Group gearing towards the repayment of the amounts due and payable under the Facility Agreement (as amended and supplemented) and the approval of the resumption proposal of the Company by the Stock Exchange.
By order of the Board
CWT INTERNATIONAL LIMITED
Ding Lei
Executive Director
Hong Kong, 8 October 2019
As at the date of this announcement, the Board comprises Mr. Zhu Weijun (Executive Director and Co-Chairman), Mr. Ding Lei (Executive Director and Co-Chairman), Mr. Li Tongshuang (Executive Director and Chief Executive Officer), Mr. Zhao Quan (Executive Director), Mr. Chen Chao (Executive Director), Mr. Mung Bun Man, Alan (Non-executive Director), Mr. Leung Shun Sang, Tony (Independent Non-executive Director), Mr. Liem Chi Kit, Kevin (Independent Non-executive Director), Mr. Lam Kin Fung, Jeffrey (Independent Non-executive Director) and Ms. Chen Lihua (Independent Non-executive Director).
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