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SGLA Restructuring Initiative to Accelerate Transformation(August 11, 2017)
HONG KONG, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Sino Green Land Corp (OTCQB:SGLA) (the "Company" or "SGLA"), today announced a series of senior management appointments to more effectively manage the business and drive global growth. Mr Xiong Luo was resigned the Company’s President, CEO and director. Mr Tsang Shui Sang was appointed as Director & CEO. Mr. CHAN Kin Hang, Danvil was appointed as CFO, President and Secretary.
The company also announced a restructuring initiative to accelerate its evolution from graphic design business to investment holding company. The company will intensify its focus in high-growth areas where it is positioned for long-term leadership, shareholder value and growth, while making the company more efficient and profitable.
SGLA is primarily engaged in providing investment holding company.
This release contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “projects,” “should,” “would” and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this release. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Company’s SEC filings. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
CONTACT: Contact:SGLAUnit A, 8/F, MG Tower,133 Hoi Bun Road,Kwun Tong, Kowloon,Hong KongContact: Chan Kin Hang, DanvilTelephone: 852-6992-7100