Palasino Holdings has appointed a new chief financial officer (CFO), with the change taking effect on April 24th, according to a filing to the Hong Kong Stock Exchange.
The company named Wong Oi Wai as CFO, replacing Law Kwok Tai, who has resigned from the role along with several other key positions.
In the same filing, Palasino said Law also stepped down as company secretary, authorized representative, and process agent. He confirmed there were no disagreements with the board and no matters requiring shareholders’ attention in relation to his departure.
Wong will assume all four roles effective April 24th. She brings experience across accounting and finance functions, having previously held senior positions including general manager of the accounts department at Sino Group and financial controller (Hong Kong) at K. Wah International Holdings Limited. She has also held various managerial roles at the Hong Kong Housing Society and multinational companies in the telecommunications sector.
The company noted that Wong holds a Bachelor of Commerce from McGill University and is affiliated with several professional accounting bodies, including the Hong Kong Institute of Certified Public Accountants and the American Institute of Certified Public Accountants. The board expressed gratitude to Law for his contributions and welcomed Wong to her new role.
Palasino operates a portfolio of land-based casinos in the Czech Republic, alongside hotel assets in Germany and Austria. The company was listed in Hong Kong in March 2024 following a spin-off from its former parent, Far East Consortium International Ltd.
Latest financial results showed that Palasino recorded attributable profit of HK$11.6 million ($1.48 million) for the fiscal first half of 2025, down from HK$15.7 million ($2.00 million) a year earlier, while revenue rose 8 percent year-on-year to HK$305 million ($39.0 million).
