DGAP-News: Patrick Chan Appointed Chief Executive Officer of Euro Asia
(firmenpresse) - DGAP-News: Euro Asia Premier Real Estate Company Ltd. / Key word(s):
Change of Personnel
Patrick Chan Appointed Chief Executive Officer of Euro Asia
13.06.2012 / 12:16
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Patrick Chan Appointed Chief Executive Officer of Euro Asia
Chan Dingxiang Nominated as New CFO
Weifang, People's Republic of China, 13 June, 2012
Euro Asia Premier Real Estate Company Ltd, today announced it has appointed
Mr. Patrick Chan, formerly the Vice Chairman of the Company, as its CEO.
Mr. Xiyi Sun will remain Chairman of the Company. Furthermore, Mr. Chan
will act as Managing Director for Euro Asia's operating subsidiary XinPu,
as well as the Company's other Chinese subsidiaries.
Mr. Sun commented, 'The move to appoint Patrick as our CEO has been made
for a number of reasons. Firstly, in order to improve our corporate
governance, we saw the need to create a wider distance between the
executive boards of Euro Asia and SNI. Furthermore, ownership of XinPu has
been transferred to Euro Asia, making this company much more independent
from SNI. The move also allows facilitate Euro Asia's ambition to make use
of existing market opportunities in other third tier cities and emerging
regions of China. Finally, Mr. Chan is the perfect ambassador towards the
international investment community and in his new role our communication
with the market should become even more direct that it already was.'
Separately of the above changes, the Company informed that Mr. Alan Zhu
Ming Hao was replaced as CFO of Euro Asia by Mr Chan Dingxiang.
Prior to joining Euro Asia, Mr. Chan Dingxiang (55), an alumni of the He
Bei University in China, was Senior Consultant at DEFONE Fund Management
Co. Ltd. Mr. Chan Dingxiang has had a long career in infrastructure related
financial management in senior roles at the Jiangsu oilfield China Ministry
of Oil, as well as the investment department of the Yangzhou branch of the
Chinese Construction Bank, where he also was responsible for overseeing new
project development.'
Mr. Chan stated, 'We are very pleased that with Mr. Chan Dingxiang, we have
managed to appoint a new CFO, who has a wealth of experience in
infrastructure development and government relations, and brings a wealth of
experience to the role of CFO of a fast growing public company.'
Contact:
Schwarz Financial Communication
Frank Schwarz
Tel.: +49 611 1745 398 11
Schwarz(at)schwarzfinancial.com
About Euro Asia
Euro Asia is a BVI registered company, active in demand driven development
of real estate projects in the Shandong area of the People's Republic of
China. The Company operates locally through its subsidiaries, jointly owned
with SNI, a leading local development company. By utilizing its strong
local network to banks, political decision makers, land owners and other
developers, the Company intends to grow its position in the Shandong
Province prior to moving into other regions.
For more information, please visit www.eu-asia.net
End of Corporate News
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173792 13.06.2012
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Datum: 13.06.2012 - 12:16 Uhr
Sprache: Deutsch
News-ID 155941
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