Mayer Holdings Ltd. (HK:1116) has released an update.
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Mayer Holdings Limited has announced the resignation of Mr. Xiao Libo as executive director and CEO effective from 27 September 2024, to focus on family and other commitments. The company has appointed Mr. Cheung Ka Yue, an existing executive director with extensive experience and multiple academic qualifications, as the new CEO from the same date. The Board has expressed appreciation for Mr. Xiao’s contributions and the new CEO’s remuneration will be decided in line with market standards.
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