5th Jun 2009 07:00
5 June 2009
LED International Holdings Limited
("LED" or the "Company")
Board changes
The board of directors of LED (the "Board") is pleased to announce the appointment of Harby Janagol as an additional non executive director and Dennis Ow, an existing member of the Board, to the position of Deputy Chief Executive Officer, both with immediate effect.
Mr. Janagol runs a Consulting firm, Harvey Best Ltd, which advises on market entry, tax structures, finance and strategy for businesses operating in China, India and the Middle East. In addition, he advises overseas organisations seeking investment opportunities in the UK.
Prior to focusing his business activity in Asia Mr. Janagol worked on a range of consulting projects including software implementation for a US firm, Appmail LLC, social recruitment, mobile interconnect, personal financial advice and property lettings. He has 11 years corporate experience with Cable & Wireless managing a finance function and thereafter working in a range of senior management roles across Europe; these included supplier contract negotiation, business development, sales & marketing and project finance.
Through a number of voluntary positions, Mr Janagol has supported the Institute of Director's China Interest Group to develop an agenda to grow its membership. He also acted as Vice Chair for the Social Enterprise Network in Berkshire (UK) and has contributed to the Young Enterprise Company Scheme, coaching students with learning difficulties. He currently sits as a Board Trustee for Yellow Earth Theatre, supporting its performances, especially the education and outreach programme. He has recently been elected as a CIMA Council Member (effective June 2009) for Central Southern England and will sit on the International Development Committee. Mr Janagol is President of CIMA's West Surrey branch.
Mr. Janagol is a Fellow of the Chartered Institute of Management Accountants and obtained a BA degree in Accounting and Finance from Middlesex University.
Thomas Li, Chairman of the Board, welcomed Mr. Janagol's appointment adding, "following the significant strides taken by the board in recent days and weeks, Harby will further improve LED's corporate governance and strengthen its links commercially through his contacts in India and corporately through his presence in the UK market, where he is well placed to communicate with LED's stakeholders. I also welcome Dennis' increased contribution to LED's ongoing business activities".
**Ends**
For further information:
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LED International Holdings Limited |
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Dennis Ow, Deputy Chief Executive Officer |
+852 2810 4470 |
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Strand Partners Limited |
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James Harris/ James Spinney |
+44 (0) 207 049 3494 |
Notes to Editors:
LED International Holdings Limited and its subsidiaries specialise in the development, manufacture and sale of low powered / low maintenance LED screens and other LED products such as outdoor signs, lamps, lighting and building illumination. The screens are manufactured in a 'building block' format to a specific design, which allows screens to be assembled to suit a customer's size and definition specifications.
This design also ensures that the screens are relatively easy to transport and assemble. Based in Hong Kong, the Company's primary market has been the People's Republic of China ('PRC'), but it has also supplied end products to Macau, Japan and the USA. Part of the Company's strategy in 2007 was to widen its customer base to markets outside PRC.
The Company was originally listed on AIM, a market operated by the London Stock Exchange, on 23 October 2006. For more information, please visit: http://www.led-intl.com
Additional information
Information disclosed in accordance with schedule 2(g) of the AIM rules:
Non-Executive Director: Harbans Raj Janagol
Age: 44
Current Directorships
Best Mobile Ltd
Now I Work Ltd
Yellow Earth Theatre
Harvey Best Ltd
India Britain Business Partnership
Lehman Brown Ltd
Lehman Brown Europe Ltd
Past Directorships
Elite Prospects Ltd
There are no further details in relation to the above appointments which require disclosure under paragraph (g) of Schedule 2 to the AIM Rules.
Related Shares:
Led International Holdings