Sealand Capital Galaxy Limited Directorate Change (2858Y)
08 May 2019 - 4:00PM
UK Regulatory
TIDMSCGL
RNS Number : 2858Y
Sealand Capital Galaxy Limited
08 May 2019
For release: 07.00 am, 8 May 2019
Sealand Capital Galaxy Limited
("Sealand", or the "Company")
Directorate Change
Sealand Capital Galaxy Limited, (LSE: SCGL) a company engaged in
the investment and acquisition of IT and social media businesses
with high growth potential, announces the resignation of Max Li as
a Non-Executive Director with immediate effect.
Nelson Law, Executive Chairman, commented:
"I would like to take this opportunity to thank Max for his
contribution to Sealand and wish him the best for the future.
As the Company moves into new directions and now begins to
monetise its assets, it is important that we have the right Board
composition to help us execute our strategy. We are already in
discussions with a number of suitable potential replacements and
will make a further announcement in due course."
-Ends-
Enquiries
Sealand Capital Galaxy Limited
Law Chung Lam Nelson, Executive Chairman + 44 7537959788
Belvedere Communications
John West +44 20336872756
Llew Angus +44 20336872754
Notes to Editors:
-- Sealand Capital Galaxy Limited (LSE: SCGL) is engaged in the
investment and acquisition of IT and social media businesses in the
APAC region with high growth potential.
-- The Company's Shares are traded on the Official List of the
London Stock Exchange's main market for listed securities under the
ticker SCGL.
-- Further information on Sealand is available on its website http://www.scg-ltd.com/
Disclaimer
This announcement contains certain forward-looking statements.
These statements are made by the Company's directors in good faith
based on the information available to them up to the time of their
approval of this announcement but such statements should be treated
with caution due to inherent uncertainties, including both economic
and business factors, underlying such forward-looking information.
This announcement has been prepared solely to provide additional
information to shareholders to assess the Group's strategies and
the potential for those strategies to succeed. This announcement
should not be relied on by any other party or for any other
purpose.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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