11 Mar 2016 12:14
JIASEN INTERNATIONAL HOLDINGS LIMITED
嘉森國際控股有限公司
DIRECTORATE CHANGE
Jiasen International Holdings Limited ("Jiasen" or "the Company") announces that Mr Curt Riley, a non-executive director of the Company, has resigned from the board with effect from 31 May 2016 to pursue other business opportunities.
The Company has initiated the process of finding a replacement non-executive director for Mr Riley and will make a further announcement at the appropriate time.
Weigang Chen, Chairman of Jiasen, said:
"On behalf of the Board, I would like to thank Curt for his time with the Company and wish him well with his future endeavours and his relocation to the USA."
For further information, please visit www.jsih.net or contact:
Jiasen International Holdings Limited | Gareth Wong
| +86 18016603993 |
Cairn Financial Advisers LLP (Nominated Adviser) | Jo Turner Liam Murray
| +44 (0)20 7148 7900 |
Beaufort Securities Limited (Broker) | Elliot Hance | +44 (0)20 7382 8300
|
Cardew Group | Shan Shan Willenbrock David Roach | +44 (0)20 7930 0777 |
Notes to Editors
· Jiasen is an international property fit-out business specialising in designing, manufacturing, kitting and installation of multiple wooden products for residential properties. The Company was established in 2001 and is based in Quanzhou City, Fujian province, located in south-eastern China. Its products are sold and marketed under the 'Fuyou' brand and produced in its 83,000 sqm factory in Nan'an City, Fujian province.
· Jiasen's main products include doors, wall panels and assorted fixtures, such as fitted wardrobes, cupboards and skirting boards, and furniture which are sold principally to property development projects, through branded 'Fuyou' retail stores and to export markets. The Company's products are sold in three main segments: residential and property development projects, wholesale distribution and export.