Powerland AG
Powerland AG: Kelvin Ho Appointed New CFO of Powerland
Powerland AG / Key word(s): Miscellaneous Kelvin Ho Appointed New CFO of Powerland – Previous CFO Hock Soon Gan to hand over the role on December 1, 2012; he is leaving the company for personal reasons – Kelvin Ho has been Deputy CFO of Powerland since June 2012 Frankfurt / Main, November 5, 2012 – Powerland AG (ISIN DE000PLD5558 / Prime Standard), the leading Chinese manufacturer of exclusive handbags and leather goods in the luxury segment, will have a new CFO from December 1, 2012. Kelvin Ho, who has been the Deputy CFO since June 2012, will take over the position from the current CFO, Hock Soon Gan. The current CFO Hock Soon Gan will leave the company for personal reasons. 'Hock Soon Gan has helped to make Powerland into the leading Chinese manufacturer of exclusive handbags and leather goods in the luxury segment. He was also responsible for the company's successful IPO. We would like to thank him for the strong, professional cooperation we enjoyed and to wish him all the best for the future, both professionally and personally,' commented Dr. Peter Diesch, Chairman of the Supervisory Board of Powerland AG. 'In Kelvin Ho, we have found an excellent successor who will provide further impetus for Powerland's growth strategy and ongoing strategic development.' Kelvin Ho (born 1976) has a background in investment banking and is a proven expert in the area of corporate finance. He is also a member of CPA Australia, a leading international organisation for accounting standards. Prior to his appointment as Deputy CFO at Powerland, Kelvin Ho was responsible for corporate finance transactions at Daiwa Capital Markets Singapore Limited. He started his career at KPMG Singapore. Having qualified from the renowned RMIT University (Melbourne, Australia), he gathered several years of experience in the area of corporate finance at Genesis Capital Pte. Ltd. (Singapore). His activities as a consultant for corporate finance and the stock exchange listing of Chinese companies in Singapore provided him with a detailed insight into the Asian market. For more information, please contact:
Powerland AG End of Corporate News 05.11.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Powerland AG | |
Lyoner Straße 14 | ||
60528 Frankfurt am Main | ||
Germany | ||
Phone: | +49 69 – 66554-459 | |
Fax: | +49 69 – 66554-276 | |
E-mail: | ir@powerland.ag | |
Internet: | www.powerland.ag | |
ISIN: | DE000PLD5558 | |
WKN: | PLD555 | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
End of News | DGAP News-Service |
191412 05.11.2012 |