omniture

Appointment of Chief Financial Officer, Company Secretary and Authorised Representative

Greentown China Holdings Limited
2010-07-20 19:24 1920

HONG KONG, July 20 /PRNewswire-Asia/ -- Greentown China Holdings Limited ("Greentown" or the "Group", (stock code: 03900.HK)), one of the leading property developers in China, is pleased to announce that Mr Fung Ching Simon has been appointed as the Group's Chief Financial Officer, Company Secretary and authorised representative with effect from 1 August 2010.

Mr Shou Bainian, Executive Vice-Chairman & Chief Executive Officer of Greentown said, "On behalf of Greentown, I sincerely welcome Mr Fung to our team. I believe that his joining our team will further enhance the strength of the Group's management. Meanwhile, with Mr Fung's extensive knowledge and experience in the accounting and finance as well as investor relations professions, and with the Group's well established business, we can maximize the return for our shareholders."

Prior to joining Greentown, Mr Fung, aged 41, served as the chief financial officer and secretary to the board of directors of Baoye Group Company Limited (stock code: 02355.HK) between 2004 and 2010, and he worked in PricewaterhouseCoopers between 1994 and 2004. Mr Fung has 6 years of experience in managing finance and accounting functions, mergers and acquisitions, fund raising and investor relations for a PRC company listed in Hong Kong, and has 10 years of experience in auditing, accounting and business advisory with a "Big-4" international accounting firm. Mr Fung graduated from the Queensland University of Technology in Australia with a bachelor's degree, majoring in accountancy. He is a fellow member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the CPA Australia.

About Greentown China Holdings Limited

Greentown is one of the leading property developers in China. It plays a leading role in the industry leveraging on its quality properties. Greentown is a quality national residential property developer and its operations extend to 34 cities including important cities in Yangtze River Delta regions, Bohai Rim Economic Belt, Beijing, and other provincial cities. The record sales performance has ranked Greentown one of the best Chinese property developers in 2009. From 2005 to 2010, the "Greentown" brand has been ranked for 6 consecutive years among the "Top 10 Most Valuable Property Brands in China" by authoritative organizations.

For enquiries, please contact:

Mr Eric Yip / Ms Sally Wong / Ms Virgini Fung

Mobile: +852-9621-5918 / +852-6013-1065 / +852-6155-2981

Email: eric@prconcept.com / sally@prconcept.com / virgini@prconcept.com

Source: Greentown China Holdings Limited
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