MySQUAR Limited Resignation of CFO and Board Changes (3451K)
10 April 2018 - 4:01PM
UK Regulatory
TIDMMYSQ
RNS Number : 3451K
MySQUAR Limited
10 April 2018
10 April 2018
MySQUAR Limited ("MySQUAR" or the "Company")
Resignation of CFO and Board Changes
MySQUAR, the Myanmar-language social media, entertainment and
payments platform whose principal activity is to design, develop
and commercialise Myanmar-focused internet-based mobile
applications, announces that Pham Dang Hung has stepped down from
his role as Chief Financial Officer of the Company and as an
executive director from the board of directors with immediate
effect to pursue other interests.
It is intended that Mr. Hung will be available as a consultant
to MySQUAR over a transitionary period assisting Lim Ming Shing who
has been appointed as Financial Controller of the Company, a
non-board role, effective immediately. Mr. Lim will assume
responsibility for the financial management and reporting and will
report to Stephen Chong, COO of MySQUAR. Mr. Lim is a Fellow Member
of the Association of Chartered Certified Accountants and was
previously regional financial controller for an operating
subsidiary of an NYSE listed business.
A search for a replacement to Mr. Pham has been initiated and
further announcements will be made in due course.
MySQUAR's CEO, Eric Schaer, said: "Both myself and the Board
appreciate Hung's contributions over the last four years and wish
him well in his future endeavors. With Hung's support and
commitment, MySQUAR has evolved from a start-up organisation into a
publicly listed company with a strong foundation for future growth.
The Board and I remain committed to continuing to move our business
forward and evolving our products as a leading media and
entertainment platform in Myanmar."
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
For further information: MySQUAR Limited
Eric Schaer (Chief Tel: +65 6725 6388
Executive)
SP Angel Corporate Finance LLP
Nominated Adviser & Tel: +44 (0) 203 470
Broker 0470
Stuart Gledhill/Soltan Tagiev
Public Relations Tel: +44 (0) 781 677
Damien McCrystal 0758
damien@mccrystal.info
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAUKVKRWBASRAR
(END) Dow Jones Newswires
April 10, 2018 02:01 ET (06:01 GMT)
Mysquar (LSE:MYSQ)
Historical Stock Chart
From Apr 2024 to May 2024
Mysquar (LSE:MYSQ)
Historical Stock Chart
From May 2023 to May 2024