SE ASIA PPT plans to appoint Cai Xueli as a non-executive director
SE ASIA PPT announced that the current non-executive director Cai Yizhong will resign at the upcoming annual general meeting of shareholders, as he wishes to devote more time to other matters. The board of directors proposed to appoint Cai Xueli as a non-executive director, subject to approval at the 2025 annual general meeting of shareholders, and will take effect after the conclusion of the meeting
According to the announcement from Huaxin Real Estate Finance (00252), the current non-executive director Mr. Cai Yizhong will rotate out of his position at the upcoming annual general meeting of shareholders in accordance with the company's articles of association. He has notified the board that he will not seek re-election at the 2025 annual general meeting of shareholders as he wishes to devote more time to other matters.
Based on the recommendations made by the nomination committee in accordance with the company's nomination policy, the board proposes to appoint Ms. Cai Xueli as a non-executive director. Ms. Cai's appointment is subject to approval by shareholders at the 2025 annual general meeting of shareholders by ordinary resolution, and upon approval, will take effect at the conclusion of the 2025 annual general meeting of shareholders
