Safestay PLC Directorate Change (5506Y)
06 December 2017 - 9:30PM
UK Regulatory
TIDMSSTY
RNS Number : 5506Y
Safestay PLC
06 December 2017
6 December 2017
Safestay plc
("Safestay", the "Company" or the "Group")
Directorate Change
Safestay (AIM:SSTY), the owner and operator of a new brand of
contemporary hostel, announces the appointment of Mr Anson Chan,
who will join the Board of the Company as Non-Executive Director
with immediate effect. Mr Chan is a Director and Co-Founder of
Pyrrho Investments Ltd which owns 21.99% of the Company's issued
share capital.
Mr. Anson Chan is a respected Hong Kong businessman who has
accumulated a variety of management and investment experiences.
Over the years, he has served as an executive director for his
family's real estate development and investment business, the Bonds
Group of Companies. Before joining his family business, Mr. Chan
was an associate director in the proprietary investments group for
a Japanese investment bank, Nomura International, from 2000 to
2004, and of AIG Investment Corporation from 1998 to 2000. He was
responsible for developing new investment opportunities in private
equity in Greater China. In addition, Mr. Chan is a seed investor
and responsible officer of an Asia-focused fund, Evenstar Fund.
From 2005 to 2008, he also served as a senior advisor to Elliott
Associates, a leading U.S. based activist investment fund with
assets under management in excess of UK$10 billion.
Commenting on his appointment, Group Chairman Larry Lipman said
"We are very pleased to welcome Anson to the Board. He has
substantial board level experience and an excellent understanding
of our business. 2017 so far has been transformative for Safestay
with the hostel portfolio increasing threefold through a series of
acquisitions. Anson's appointment is therefore well timed as we
look to take advantage of his experience of developing young
growing companies and build on this momentum."
Anson Chan (aged 54) holds or has held directorships and
partnerships in the five years preceding his appointment at the
Company as follows:
Current Directorships Previous Directorships
---------------------------------- -----------------------
A.V.C. Property Development
Co. Ltd.
---------------------------------- -----------------------
Achieve Investments Limited
---------------------------------- -----------------------
Apex Choice Holdings
Limited
---------------------------------- -----------------------
Asia Maker Limited
---------------------------------- -----------------------
Asia Pacific Wire & Cable
Co.,
---------------------------------- -----------------------
B.P.Y.A. 300 Holdings
Ltd.
---------------------------------- -----------------------
Beijing Serviced Apartments
(H. K.) Holdings Ltd.
---------------------------------- -----------------------
Best Epoch Holdings Ltd
---------------------------------- -----------------------
Best Plan Development
Limited
---------------------------------- -----------------------
Bon Tai Investment Limited
---------------------------------- -----------------------
Bond Success Development
Limited
---------------------------------- -----------------------
Bondalliance Global Limited
---------------------------------- -----------------------
Bondly investments Limited
---------------------------------- -----------------------
Bonds & Sons Holdings
Limited
---------------------------------- -----------------------
Bonds & Sons International
Limited
---------------------------------- -----------------------
Bonds Chan Family Holdings
(PIC) Limited
---------------------------------- -----------------------
Bonds Chan Family Holdings
(PTC) Limited
---------------------------------- -----------------------
Bonds Group Company Limited
---------------------------------- -----------------------
Bonds International Ltd.
---------------------------------- -----------------------
Bonds Land Investment
Co., Ltd.
---------------------------------- -----------------------
Bonds Land Investment
Company Limited
---------------------------------- -----------------------
Bondsland Trading Company
Limited
---------------------------------- -----------------------
Bondsrich Investments
Singapore Pte. Ltd.
---------------------------------- -----------------------
Boniand Development Limited
---------------------------------- -----------------------
Bonland Development Limited
---------------------------------- -----------------------
Bosan Limited
---------------------------------- -----------------------
Boson Development Limited
---------------------------------- -----------------------
Breakthrough Investments
Ltd.
---------------------------------- -----------------------
Broad Capital Investments
Ltd
---------------------------------- -----------------------
Broada International
Limited
---------------------------------- -----------------------
Broads International
Limited
---------------------------------- -----------------------
Chan Shu Kui Memorial
School School Management
Corn Ltd.
---------------------------------- -----------------------
Chan's Educational Organisation
Limited
---------------------------------- -----------------------
City Chain Hotel Management
Ltd
---------------------------------- -----------------------
City Rich Corporation
Limited
---------------------------------- -----------------------
Dr. Seaker Chan Education
Foundation Limited
---------------------------------- -----------------------
Eagle Fort Global Limited
---------------------------------- -----------------------
Empress Associates Ltd.
---------------------------------- -----------------------
Excel Success Investment
Limited
---------------------------------- -----------------------
Fortborough Inc.
---------------------------------- -----------------------
Fudan University Education
Development Foundation
---------------------------------- -----------------------
Gallant Victor Holdings
Ltd
---------------------------------- -----------------------
Gallant Victor Pte. Ltd.
---------------------------------- -----------------------
Global Conqueror Limited
---------------------------------- -----------------------
Gold Brighter Investment
Ltd
---------------------------------- -----------------------
Gold Standard Real Estate
Agency Ltd
---------------------------------- -----------------------
Golden Code Development
Limited
---------------------------------- -----------------------
Golden Maker Limited
---------------------------------- -----------------------
Golden Wonder Limited
---------------------------------- -----------------------
Grand Amusement Company
Limited
---------------------------------- -----------------------
Grosswell Limited
---------------------------------- -----------------------
Grow Bright Investments
Limited
---------------------------------- -----------------------
Harwell International
Investment Limited
---------------------------------- -----------------------
Hero Sunny Limited
---------------------------------- -----------------------
Holdwin Limited
---------------------------------- -----------------------
Homestead Group Limited
---------------------------------- -----------------------
Hong Kong And Mainland
International Investment
Society Limited
---------------------------------- -----------------------
Hotel Pravo Hong Kong
Limited
---------------------------------- -----------------------
Howe Street Developments
General Partnership Ltd.
---------------------------------- -----------------------
Howe Street Developments
Ltd.
---------------------------------- -----------------------
Joint Oriental Investments
Limited
---------------------------------- -----------------------
Kindness Investment Holdings
Overseas Limited
---------------------------------- -----------------------
Kui Yuen Company Limited
---------------------------------- -----------------------
Lady Secret Ltd.
---------------------------------- -----------------------
Leader Shine Limited
---------------------------------- -----------------------
Leading Sunny Limited
---------------------------------- -----------------------
Lucky Richest Limited
---------------------------------- -----------------------
Marco International Holdings
Limited
---------------------------------- -----------------------
Melbourne Management
Limited
---------------------------------- -----------------------
Middle Bench Vineyards
Holdings Ltd.
---------------------------------- -----------------------
Million Tender Limited
---------------------------------- -----------------------
Mornington Developments
Ltd.
---------------------------------- -----------------------
New Zeal Investments
Limited
---------------------------------- -----------------------
Next Apex Ltd
---------------------------------- -----------------------
Pacific Global Limited
---------------------------------- -----------------------
Pacific Matrix Ltd
---------------------------------- -----------------------
Perfect Horizon Ltd
---------------------------------- -----------------------
Poly Active Limited
---------------------------------- -----------------------
Polyinterest Inc.
---------------------------------- -----------------------
Pyrrha Investments Ltd
---------------------------------- -----------------------
Pyrrho Investments Ltd
---------------------------------- -----------------------
Pyrrho Management Ltd
---------------------------------- -----------------------
Radcliffe Enterprises
Limited
---------------------------------- -----------------------
Rich Keen (Hong Kong)
Limited
---------------------------------- -----------------------
Richest Grow Limited
---------------------------------- -----------------------
Richfast Development
Co., Ltd.
---------------------------------- -----------------------
Rosy Value Limited
---------------------------------- -----------------------
Sandmoor Associates Limited
---------------------------------- -----------------------
Seabreeze Associates
Limited
---------------------------------- -----------------------
Seaker & Sons Hospitality
Inc.
---------------------------------- -----------------------
Shamshuipo Schools Limited
---------------------------------- -----------------------
Shamshulpo Schools Limited
---------------------------------- -----------------------
Shine Grace Investment
Ltd.
---------------------------------- -----------------------
Shinning International
Holdings Ltd.
---------------------------------- -----------------------
Smartco Investment Limited
---------------------------------- -----------------------
Soderick Limited
---------------------------------- -----------------------
Sonata Symphony Sdn.
Bhd.
---------------------------------- -----------------------
Speed Tender Limited
---------------------------------- -----------------------
Strawberry Investment
Holdings Overseas Limited
---------------------------------- -----------------------
Sun Rays International
Limited
---------------------------------- -----------------------
Sunny Century investment
Limited
---------------------------------- -----------------------
Sunny Eastern Limited
---------------------------------- -----------------------
Sunny Scene Limited
---------------------------------- -----------------------
Super Best Enterprise
Ltd
---------------------------------- -----------------------
Super Link Profits Lid.
---------------------------------- -----------------------
Super Link Profits Ltd.
---------------------------------- -----------------------
Surrey Central Developments
Ltd.
---------------------------------- -----------------------
The Pravo Group Ltd
---------------------------------- -----------------------
Victor Time Limited
---------------------------------- -----------------------
Well Champ Properties
Limited
---------------------------------- -----------------------
West Village General
Partnership
---------------------------------- -----------------------
West Village Parcel 6
GP Ltd.
---------------------------------- -----------------------
West Village Parcel 6
Holdings Ltd.
---------------------------------- -----------------------
West Village Parcel 7
GP Ltd.
---------------------------------- -----------------------
West Village Parcel 7
Holdings Ltd.
---------------------------------- -----------------------
West Village Parcel 8
GP Ltd.
---------------------------------- -----------------------
West Village Parcel 8
Holdings Ltd.
---------------------------------- -----------------------
World Quest international
Ltd.
---------------------------------- -----------------------
Yinrex Ltd
-------------------------------- -----------------------
Yinrex USA, Inc.
---------------------------------- -----------------------
Save as disclosed above there are no additional disclosures to
be made in accordance with Schedule Two paragraph (g) of the AIM
rules.
Enquiries
+44 (0) 20 8815
Safestay plc 1600
Larry Lipman
Sharon Segal
Canaccord Genuity Limited +44 (0) 20 7523
(Nominated Adviser and Broker) 8000
Chris Connors
Martin Davison
+44 (0) 20 3151
Novella 7008
Tim Robertson
Toby Andrews
This information is provided by RNS
The company news service from the London Stock Exchange
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