LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:8077) has announced the resignation of an executive director, and a change in its Compliance Officer and authorised representative.
Reference is made to an announcement KVB Kunlun dated 18 August 2017 in relation to the resignation of Mr. Ng Chee Hung Frederick as the executive director of the Company.
The resignation of Mr. Ng as an executive director of the Company was effective on 17 November 2017. Mr. Ng has confirmed that there is no 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.
The board of directors of the Company hereby announces that following the resignation of Mr. Ng as an executive director of the Company with effect from 17 November 2017, he has also ceased to be the compliance officer of the Company for the purpose of Rule 5.19 of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited and an authorised representative of the Company pursuant to Rule 5.24 of the GEM Listing Rules with effect from 17 November 2017.
The Board would like to thank Mr. Ng for his valuable contributions to the Company during his tenure of office with the Company.
The Board is pleased to announce that Mr. Liu Stefan, the chief executive officer and the executive director of the Company, has been appointed as the Compliance Officer and Mr. Wong Yiu Kit, Ernest, the chief financial officer and the company secretary of the Company, has been appointed as the Authorised Representative, with effect from 17 November 2017.
The members of the board of directors (the “Board”) of KVB Kunlun Financial Group Limited are set out below:
Mr. LIU Stefan (Chief Executive Officer)
Mr. LI Zhi Da (Chairman)
Mr. Stephen Gregory McCOY
Independent Non-executive Directors
Ms. ZHAO Guixin
Mr. Cornelis Jacobus KEYSER
Mr. LIN Wenhui