20th Jul 2015 07:00
JIASEN INTERNATIONAL HOLDINGS LIMITED
嘉森國際控股有限公司
Directorate Change
Jiasen International Holdings Limited ("Jiasen" or "the Company"), together with its subsidiaries, announces that for personal family reasons Kian Tan has today given notice of his resignation as Chief Financial Officer of Jiasen.
Kian Tan will step down from the Board on 15 August 2015 and will remain with the Company to assist until his successor is found to ensure an orderly transition. A comprehensive search for a new Chief Financial Officer is being initiated and a further announcement will be made in due course.
Weigang Chen, Chairman of Jiasen, said:
"On behalf of the Board, I would like to thank Kian Tan for his dedication and valuable contribution, and wish him and his family well for the future."
For further information, please visit www.jsih.net or contact:
Jiasen International Holdings Limited | Kian Tan
| +86 18016603993 |
Cairn Financial Advisers LLP (Nominated Adviser) | Jo Turner Liam Murray
| +44 (0)20 7148 7900 |
Beaufort Securities Limited (Broker)
| Jon Levinson Saif Janjua Elliot Hance
| +44 (0)20 7382 8300 |
Cardew Group | Shan Shan Willenbrock David Roach
| +44 (0)20 7930 0777 |
Notes to Editors
· The Company was established in 2001 and is based in Quanzhou City, Fujian province, located in south-eastern China. Its products are sold and marketed under the 'Fuyou' brand and produced in its 83,000 sqm factory in Nan'an City, Fujian province by its workforce of more than 1,500 employees.
· Jiasen's main products include doors, wall panels and assorted fixtures, such as fitted wardrobes, cupboards and skirting boards, and furniture which are sold principally to property development projects, through branded 'Fuyou' retail stores and to export markets. The Company's products are sold in three main segments: residential and property development projects, wholesale distribution and export.
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