– CAYMAN ISLANDS, George Town – Sealand Capital Galaxy Limited (LSE:SCGL), announces that the Board has accepted the resignation of Non-Executive Director, Nicholas Lyth. As a result, Mr Lyth will step down from the Board of the Company with immediate effect and the Company today announced the appointment of Max Li who will replace him as Non-Executive Director with immediate effect.
Mr Li is a qualified Chartered Accountant who has experience in a number of interrelated areas including tax, real estate and private wealth management, as well as having important knowledge of the both the Chinese and UK markets.
Most recently Max founded his own business, EIK Business Limited, that manages UK business and investment structures for high net-worth business owners and corporations from China, including setting up representative offices in London, designing UK business and investment strategies, recruiting senior management, identifying and evaluating acquisition targets and promoting sales in the UK and Europe. All skills which he hopes to bring to the Sealand team to advance their London and UK presence more widely.
Previously, Mr Li was a part of the London Private Client Tax team at PwC from 2013 to 2015, where he advised High Net Worth individuals on their personal wealth as well as leading large tax review projects that covered clean capital structuring and compliance, tax residence, trusts structuring and maintenance, and transaction reviews to identify risk.
Before his role in the tax department Mr Li worked in Risk Assurance and Auditing at PwC, where he handled major clients such as RWE, Deutsche Telekom, Shell Group, British Gas, WPP, British Telecom, Sony Group, Invesco and Rio Tinto.
Mr Li has a BSc in Finance and Economics from the China Agricultural University Beijing, and a MSc in Insurance and Risk Management with Distinction from Cass Business School in London.
Nelson Law, Executive Chairman commented: “I am delighted to welcome Max to the Board of Sealand Capital Galaxy and we look forward to working with him as the Company scales, especially as we plan to invest more in the mobile payments sector. Max’s knowledge of both the Chinese and British market is a great asset to the team as seek to take advantages of the synergies between these two countries especially as information technology and the proliferation of mobile connectivity and infrastructure in these two regions expands.”
About Sealand Capital Galaxy
Sealand Capital Galaxy Limited (LSE: SCGL) is engaged in the investment and acquisition of IT and social media businesses in the APAC region with high growth potential.
The Company’s Shares are traded on the Official List of the London Stock Exchange’s main market for listed securities under the ticker SCGL.
For more information : http://www.scg-ltd.com
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