REG - RC365 Holding PLC - Directorate Change

RC365 HoldingAnnouncement

06/01/2025 07:00

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RNS Number : 0133S  RC365 Holding PLC  06 January 2025

6 January 2025

 

RC365 Holding plc

("RC365", the "Company" or the "Group")

 

Directorate Change

 

RC365 Holding plc (LSE: RCGH), an established payment solutions and fintech
company, is pleased to announce the appointment of Hon Keung CHEUNG (Mr.
Vincent Cheung) as Chief Financial Officer ("CFO") and an Executive Director
of the Company with immediate effect. He replaces Mr. Timothy Wai Yiu TANG who
has stepped down from his role as CFO and a Director of the Company with
immediate effect to pursue other interests.

 

Mr. Cheung, aged 49, has more than 20 years of operational and financial
leadership experience in banking and payment solutions. He joined RC365 as CFO
of the Group's primary operating entity in 2018 and became CFO and an
Executive Director of the Company upon its IPO on the London Stock Exchange.
In August 2022, he stepped down from his CFO and Director positions, but
remained with the Group as part of the finance team. Prior to RC365, Mr.
Cheung was Chief Consultant of Mondo Consulting Company providing cross-border
taxation and business advisory services to SME clients located in Hong Kong,
China and Korea, from 2016 to 2018, and he held various accounting and audit
roles, from 1997 to 2016. Mr. Cheung is a member of the Association of
Chartered Certified Accountants, The Hong Kong Institute of Certified Public
Accountants and the Hong Kong Institute of Taxation.

 

There are no other matters to be disclosed in accordance with UK Listing Rule
6.4.8 with regards to Mr. Cheung's appointment.

 

Chi Kit (Michael) LAW, Chief Executive Officer of RC365, said: "We are
delighted to welcome Vincent back to the Board of RC365 and as CFO. He has
been a core part of our finance team for many years and we look forward to
benefiting from his wealth of experience and expertise. I would also like to
take this opportunity, on behalf of the Board, to thank Timothy for his
contribution to our development over the past four years and we wish him all
the best for the future."

 

For further information please contact:

 

 RC365 Holding plc
 Chi Kit LAW, Chief Executive Officer  T: +852 2251 1621

                                       E: ir@rc365plc.com

About RC365 Holding plc

 

RC365 Holding plc (LSE: RCGH) is an established payment solutions and fintech
company. It operates primarily in East and Southeast Asia through its core
subsidiaries of Regal Crown Technology and RCPAY, and the recently-established
RC365 Solutions.

 

For over 10 years, the Company has delivered efficient and secure payment
gateway solutions and IT support and development services for payment and
financial systems, including ERP solutions. In 2021, it commenced providing
digital remittance and payment services, which expanded to include foreign
exchange and premium card solutions. These services are provided to
multinational merchants, SMEs and individuals. RC365 intends to expand into
the virtual banking market and geographically, including in the UK and wider
Europe.

 

For more information, visit: https://www.rc365plc.com
(https://www.rc365plc.com)

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