Hong Kong-listed gaming services company Success Dragon International Holdings has started a corporate version of musical chairs after its key executives stepped down.
In a filing, the company announced that its chief executive, Jiang Dan, chairman Li Xuehua and non-executive director Jia Limin have resigned from their positions, effective June 7, 2017. Jiang and Li had just started in their respective positions in March.
The three executives resigned “to focus their time and effort on other business,” Success Dragon said in a statement.
Replacing Jiang and Li is Tan Teng Hong, who was appointed as chairman and executive officer effective June 7. The 41-year-ols is a member of the board of directors of Banque de Développement de Guinée in the Republic of Guinea. He currently holds a 2.93 percent stake in Success Dragon, according to the company.