
Vala Inc. Announces Retirement of Non-Executive Directors Amid Strategic Disagreements

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Vala Inc. announced the retirement of non-executive directors Ms. Jiang and Ms. Gao due to strategic disagreements over share placing and sale of shares in China Netcom Technology Holdings Limited. Concerns were raised about shareholder interests and strategic direction. Vala Inc., formerly 51 Credit Card Inc., focuses on credit card management and is listed on the Hong Kong Stock Exchange.
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