LET Group appoints 3 independent non-executive directors

Tou Kin Chuen and John Lo Wai Tung have returned to their roles after resigning in January.

Hong Kong.- LET Group Holdings has announced through a company filing that Tou Kin Chuen, John Lo Wai Tung and Johnson Fu Chi King have been appointed as independent non-executive directors from May 2.

Having served since 2012, Tou Kin Chuen and Lo Wai Tung had resigned in January in protest against subsidiary Summit Ascent’s decision to sell wholly-owned G1 Entertainment, which possesses a gaming licence for Tigre de Cristal in Russia to Dalnevostochniy Aktiv.

Tou Kin Chuen has been appointed as chairman of the audit committee and a member of the remuneration committee, nomination committee and risk management committee. John Lo Wai Tung has been appointed as chairman of the remuneration committee and a member of the audit committee, nomination committee and risk management committee.

Meanwhile, Johnson Fu Chi King has been appointed chairman of the nomination committee, and a member the audit committee, remuneration committee and risk management committee. He served as non-executive director of ZZ Capital International from March 2019 to April 2020. He also worked for Hang Seng Bank, and is a former executive director and chief executive of Hang Seng Bank (China).

In February, the company suspended trading amid a Securities and Futures Commission (SFC) investigation. Trading will remain suspended until further notice.

Tou Kin Chuen and John Lo Wai Tung have returned to their roles after resigning in January. Hong Kong.- LET Group Holdings has announced through a company filing that Tou Kin Chuen, John…