Heng Fai Ambrose Chan Joins the Board of Directors of Value Exchange International, Inc.
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HONG KONG – (BUSINESS WIRE) – Value Exchange International, Inc. (OTCQB: VEII) (Company), a provider of IT services for businesses in China, Hong Kong, Singapore and Manila, announced today hui that Mr. Heng Fai Ambrose Chan, an experienced entrepreneur and businessman, joined the board of directors of the company as a non-executive director.
“Mr. Chan has an impressive track record of successful dynamic business development spanning decades,” said Tan Seng Wee Kenneth, Chairman of the Company. “We are delighted to welcome him to the Board of Directors of Value Exchange I know we will benefit from his expertise and leadership.
Mr. Chan is an accomplished global affairs veteran with over 45 years of successful experience. Mr. Chan specializes in financial restructuring and business transformation to unlock value and unleash entrepreneurial zeal while managing risk. He has successfully restructured more than 35 companies in diverse sectors in different countries. Most notably, 5 of the 35 restructured companies have a combined market capitalization of over $ 18 billion and, more importantly, they generate annual net profits in excess of $ 1.4 billion per year. Mr. Chan’s passion for business transformation is reflected in an average investment multiple of over 48X for each investment in the 5 companies. This does not include his first air charter business which he started during his college days.
Mr. Chan is: Executive Chairman and Chief Executive Officer of DSS, Inc., a company listed on the NYSE (NYSE: DSS); executive chairman of the board, executive director and chief executive officer of Alset EHome International Inc., a company listed on the Nasdaq (Nasdaq: AEI); Executive Chairman and Director of GigWorld, Inc., a public company in the United States; the Chairman and CEO, Executive Director and Executive Chairman of Alset International Limited, a diversified holding company listed on the Catalist of the Singapore Stock Exchange (SGX: 40V); president and director of LiquidValue Development Inc., a public company in the United States; a director of OptimumBank Holdings, Inc .; and President and Class II Director of Sharing Services Global Corporation, a US corporation.
To learn more about Mr. Chan’s background, please visit:
About value exchange: Value Exchange International, Inc. (“Company”) is a US holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai and Beijing in China, Manila and Kuala Lumpur. The company provides integrated and market-leading point of sale / interaction points (POS / POI), merchandising, CRM and rewards, location-based marketing (GPS and Indoor Positioning System (IPS)), customer analysis and business intelligence solutions. The company’s retail point of sale solutions process tens of millions of transactions per year at approximately 20,000 points of sale in Asia.
Value Exchange IR Contact:
Email: [email protected]
(852) 2950 4288
Source: Value Exchange International, Inc.