Business Services Industry
Man Sang Holdings, Inc. Announces Appointment of New Director
Business Wire, April 18, 2005
NEW YORK -- Man Sang Holdings, Inc. (OTCBB:MSHI), one of the world's largest purchasers and processors of Chinese cultured and freshwater pearls, announced that effective April 18, 2005, Mr. Wong Henry Gee Hang becomes a director of the Company.
Mr. Henry Wong has over 30 years of experience in accounting, property investment and development and general management. Mr. Wong, aged 69, is the Managing Director of Marspeed Limited, a consultancy firm of property development, investment and management. Mr. Wong had been a senior management in a blue chip property developer in Hong Kong for more than 15 years. He is a full member of The Hong Kong Management Association and holds a Doctoral degree of Business Administration.
Mr. Ricky Cheng, Chairman of the Board said "we are pleased that Henry joins us as an independent non-executive director. Our management knows that there is no short cut in corporate governance, with Henry's contribution, we are dedicated to more stringent corporate governance compliance."
Mr. Henry Wong said, "I'm pleased to have the opportunity to apply my corporate governance and investment experience in assisting Man Sang and increasing its shareholders' value."
Man Sang, founded in the early 1980's, is one of the world's largest purchasers and processors of Chinese cultured and freshwater pearls. The Company owns and operates an industrial city in Shenzhen, the PRC, which houses its pearls and jewelry processing facilities. It distributes both its pearls and jewelry products to customers worldwide.
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