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Universal Technologies Holdings Ltd Announces Dismissal And Appointment Of Chief Executive Officer


Monday, 3 Jun 2013 06:34pm EDT 

Universal Technologies Holdings Ltd announced that Mr. Xu Hui (‘Mr. Xu’) has been summary dismissed from the position of chief executive officer of the Company with immediate effect. Mr. Xu remains as an executive Director. The Board considered that Mr. Xu has not demonstrated the required diligent and professionalism as the chief executive officer of the Company during his time with the Company. The Board also concluded that Mr. Xu has been habitual neglectful in his duties. The Board will conduct further review on Mr. Xu’s previous work with the Company and will decide the course of action against Mr. Xu pursuant to further finding, if any. The Board is also pleased to announce that Mr. Chau Cheuk Wah (Mr. Chau) was appointed as the chief executive officer of the Company with effect from 3 June 2013. 

Company Quote

0.43
0.0 +0.00%
30 Jul 2014