Two directors to resign from Landing

Landing International Development Limited announced to the Hong Kong Stock Exchange on Wednesday that two of its directors will be resigning.

The two in question, Bao Jinqiao and Mr. Li Mingfa, have served as independent non-executive directors and members of the audit committee, the nomination committee, and the remuneration committee. The reason given for their departure was that “they wish to devote more time for their personal commitments.”

However, as a result of their departure the number of independent non-executive directors and members of the board committees will fall below the minimum number required, and so “the company is in the process of identifying suitable candidates to fill the casual vacancy after their retirement.”

Michael Penn is a journalist and scholar based in Tokyo, Japan. As a journalist, he both writes print news articles and produces news videos. On the video side, he has several years of experience doing it all by himself: reporting the stories, shooting the video, and editing the packages. As a scholar, the bulk of his past publications have been about Japan's modern relations with the Islamic world.