WALG Walcom Group Limited

 
TIDMWALG 
 
23 December 2019 
 
                             WALCOM GROUP LIMITED 
                          ("Walcom" or "the Company") 
 
                                 Board Change 
 
Walcom announces that Yong Chian Tan has informed the Company that he intends 
to step down as a director of the Company, with effect from 1 January 2020. 
 
The Board of Walcom would like to express its gratitude to YC for his valuable 
contribution and hard work for the Company over the years and wishes him well 
for the future. 
 
The Company remains in discussions with Mr Francis Chi, Chief Executive of the 
Company, regarding the provision of a loan to help stabilise the Company's 
working capital position. A further announcement will be made prior to the end 
of December 2019. 
 
Further enquiries: 
 
Walcom Group Limited                                          +852 2494 0133 
Francis Chi (Chief Executive Officer/Chief Financial 
Officer) 
Jessie Chan (Deputy Chief Financial Officer) 
 
Allenby Capital Limited (Nominated Adviser and broker)      +44 20 3328 5656 
David Hart / Asha Chotai 
 
 
 
END 
 

(END) Dow Jones Newswires

December 23, 2019 04:57 ET (09:57 GMT)

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