China Motor Bus Company, Limited Announces Executive Changes
November 27, 2020 at 09:15 pm
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China Motor Bus Company, Limited announced that following the conclusion of the Ordinary Yearly Meeting held on November 27, 2020, Ms. Ngan-Kit-Ling has retired from her position as Managing Director. The Board has embarked upon a search for a suitable candidate for the office of Managing Director of the Company, but expects that it will take some more time before an appointment is made. During this transitional period, Mr. Yuen Yiu Tat (Mr. Yuen), the Chief Accountant of the Company, has been appointed by the Board as Acting Chief Executive Officer of the Company. Yuen Yiu Tat FCCA, CPA. Chief Accountant of the Company since January 1999. Company Secretary of Oxney Investments Limited, Communication Properties Limited and Eaglefield Properties Limited. Mr. Yuen was formerly the Finance Manager of Swire Coca-Cola Beverages Zhengzhou Ltd. from 1997 to 1998, the Financial Systems Manager of Swire Coca-Cola Beverages Xiamen Ltd. from 1995 to 1996, and the Chief Accountant of Swire Travel Limited between 1989 and 1995. Beginning his career with KPMG Peat Marwick in 1985, Mr. Yuen has had 35 years' experience in the accounting field.
China Motor Bus Company, Limited is a Hong Kong-based company principally engaged in property businesses. The Company operates through two segments. Property Development and Investment segment is engaged in the development, construction, sales and marketing of properties. The properties under the Company include retail, office and residential properties in Hong Kong and London. Treasury Management segment is engaged in listed securities investment, as well as financial assets and other treasury operation.
CHINA MOTOR BUS COMPANY, LIMITED 
