Updated: Summit Ascent executive director steps down

[Updates add 5th paragraph with members of Summit Ascent’s board of directors]

Macau (MNA) – John Peter Ben Wang has resigned as Executive Director and Deputy Chairman of the Board of Summit Ascent Holdings Limited, a filing with the Hong Kong Stock Exchange announced.

The company noted that Mr. Wang has resigned effective today ‘due to other business engagements.’

Following the resignation, Mr. Wang has ceased to act as Authorized Representative of the company and Andrew Lo Kai Bong has been appointed as Authorized Representative in his place.

Bong is a non-executive director of the company since December 12, 2018, after working previously an executive director and chief investment officer of junket group Suncity Group Holdings Limited.

The members of the board of directors of Summit Ascent are Eric Daniel Landheer, Executive Director, Kuo Jen Hao (Chairman), Andrew Lo Kai Bong, and U Chio Ieong, Non-executive Directors, and Gerard Joseph McMahon, Lau Yau Cheung, and Li Chak Hung, Independent Non-executive Directors.

Summit Ascent operates the casino-resort Tigre de Cristal in the Integrated Entertainment Zone of the Primorye Region near Vladivostok in Russia.