TIDMAWLP 
 
4 November 2020 
 
                      Asia Wealth Group Holdings Limited 
                       ("Asia Wealth" or the "Company") 
 
                     Appointment of Non-Executive Director 
 
The Company is pleased to announce the appointment of John Paul Formichella to 
the Board of Directors and as Non-Executive Director of Asia Wealth with 
immediate effect. 
 
John Paul Formichella 
 
Mr. Formichella is a U.S. trained attorney and a leading expert in the 
Technology, Media & Telecommunications sector.  He has more than 23 years of 
sophisticated technology transactional experience (5 in Taiwan, 18 in 
Thailand), covering technology development and licensing projects, data privacy 
issues, infrastructure and business process outsourcings, systems integrations, 
Enterprise Resource Planning (ERP) implementations, cloud computing and web 
hosting arrangements, data center and co-location agreements and 
telecommunications procurements. 
 
Mr. Formichella has also served as an advisor to the American Chamber of 
Commerce in Bangkok ("Chamber") regarding Technology, Media & 
Telecommunications matters, interacting with both the Office of the United 
States Trade Representative and United States Department of State on behalf of 
the Chamber in connection with international trade and telecommunications, and 
has provided testimony to members of the United States Senate on fact-finding 
missions in Thailand. 
 
Chief Executive Officer, Richard Cayne added: 
 
John Formichella brings a wealth of knowledge and experience to the Asia Wealth 
Group Board both in the corporate and operational arenas with more than 23 
years of technology experience.  Over the past years in various discussions 
with John I have been greatly impressed by his drive, energy and knowledge in 
various areas of technology.  I am delighted to strengthen our team with John's 
arrival and look forward to reporting back to shareholders with further 
progress going forward. 
 
Further information on John Paul Formichella: 
 
Mr. Formichella currently has an interest of nil ordinary shares in the 
Company, representing 0% of the Company's issued share capital. 
 
Save as set out below, there is no further information regarding John Paul 
Formichella that is required to be disclosed pursuant to Appendix 1, Table A, 
paragraph 5.1.2 of the AQSE Exchange Growth Market - Rules for Issuers. 
 
        Current Directorships                Previous Directorships 
 
       SPYR Technologies, Inc 
 
 
The directors of the issuer accept responsibility for the contents of this 
announcement. 
 
For further information, please contact: 
 
Contacts: 
Richard Cayne (Executive Chairman) 
Asia Wealth Group Holdings Limited, +66 2 2611 2561 
www.asiawealthgroup.com 
 
Guy Miller (Corporate Advisers) 
Peterhouse Capital Limited, +44 20 7220 9795 
 
 
 
END

(END) Dow Jones Newswires

November 04, 2020 02:00 ET (07:00 GMT)

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