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K2 F&B Holdings Delays Circular on Major Property Sale
K2 F&B Names Assistant CEO; Shares Jump 6%
K2 F&B Holdings Elevates Ivan Chu to Executive Role
K2 F&B Holdings Updates Board Structure and Roles
K2F&B (02108.HK): Zhu Bocong will be transferred from a non-executive director to an executive director and assistant chief executive officer.
Great Wisdom announced on October 15th that Zhu Bocong will be transferred from a non-executive director to an executive director and Assistant CEO, effective from October 15, 2024. He will be responsible for managing the daily operation of the Food Center, promoting property management plans, supervising mergers and acquisitions, and ensuring alignment with the Group's budget and long-term strategic goals.
K2F&B (02108.HK) has completed the purchase of shares of NEW CHANCE PROPERTIES PTE LTD.
K2F&B (02108.HK) announced on October 14th that on April 3, 2024, the buyer U PROPERTY HOLDINGS PTE LTD (the company's indirect wholly-owned subsidiary) and the seller SECOND CHANCE PROPERTIES LTD entered into a letter of intent regarding the acquisition. On May 10, 2024, the buyer and seller entered into a share purchase agreement. According to the share purchase agreement, the seller agrees to sell and the buyer agrees to purchase the target company NEW CHANCE PROPERTIES.
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