Directorate Change
Updated : 14:30
15 January 2019
The Rank Group Plc
LEI: 213800TXKD6XZWOFTE12
Directorate appointment
The Rank Group Plc ("Rank" or the "Company") announces the appointment of Mr. Tang Hong Cheong as a non-executive director with immediate effect.
Ian Burke, Rank's chairman, said "I am pleased to welcome Hong Cheong to the Rank board. Hong Cheong has been working with the management of Rank since 2010 and has a broad understanding of the operational, financial and business aspects of the Company. With Hong Cheong joining the board, he will be able to further enhance the communication between Rank and its major shareholder and, with his extensive commercial experience, be able to bring valuable contributions to the Rank board."
Biography of Mr. Tang Hong Cheong
Mr. Tang, aged 64, has been a Director and the President & CEO of Guoco Group Limited since 2016. He is also the Group Managing Director of GL Limited and a Director of GuocoLand Limited, both listed in Singapore Stock Exchange and Lam Soon (Hong Kong) Limited which is listed on the Main Board of the Hong Kong Stock Exchange.
Mr. Tang has been with the Hong Leong Group for more than 40 years. He had held various senior management positions in different companies and directorships in the listed companies within the Hong Leong Group with the latest role as the President/Finance Director of HL Management Co Sdn Bhd, the overall management and strategic planning entity of the Hong Leong Group, prior to assuming the present position in Guoco.
Mr. Tang is a member of the Malaysian Institute of Accountants and has over 40 years of broad-based and C-suite expertise in finance, treasury, risk management, operations and strategic planning. He possesses in-depth knowledge in investment, manufacturing, financial services, property development, gaming and hospitality industry.
Mr. Tang holds and/or has held the following directorships in other publicly quoted companies in the past five years:
Company № | Company Name | Position | From | To | Listing |
EC-15590 | Guoco Group Limited | Director President & CEO | 1 Sep 2016 | Present | Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") |
6733 (Hong Kong) | Lam Soon (Hong Kong) Limited | Non-executive Director | 1 Sep 2016 | Present | Main Board of SEHK |
EC-27568 (Bermuda) | GL Limited | Group Managing Director | 15 Sep 2016 | Present | Main Board of Singapore Exchange Securities Trading Limited ("SGX") |
660/76-W (Singapore) | GuocoLand Limited | Director | 1 Sep 2016 | Present | Main Board of SGX |
364/63 (Malaysia) | Southern Steel Berhad | Director | 15 Jan 2010 | 1 Sep 2016 | Main Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia") |
659312-H (Malaysia) | GLM REIT Management Sdn Bhd (manager of Tower Real Estate Investment Trust (listed in Malaysia)) | Non-executive Chairman | 1 Aug 2008 | 1 Sep 2016 | Main Market of Bursa Malaysia |
There is no further information which would require disclosure under 9.6.13R of the Listing Rules of the UK Listing Authority.
Ends
Contacts:
Rank
Sarah Powell - investor relations Tel: +44 1628 504 303
Media Enquiries:
FTI Consulting LLP (PR adviser to Rank)
Edward Bridges Tel: +44 20 3727 1067
Alex Beagley Tel: +44 20 3727 1045
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