IB SETTLEMENT (00147.HK): Appoints Mr. Liu Ming as Executive Director

NewTimeSpace News: On 19 August 2026, IB SETTLEMENT (00147.HK) announced the appointment of Mr. Liu Ming as executive director for a one-year term, with an annual remuneration of HKD 1.2 million plus a year-end bonus of HKD 200,000; Mr. Liu has about 30 years of banking and corporate finance experience.

NewTimeSpace News: On 19 August 2026, International Business Settlement Holdings Limited (stock code: 00147) announced the appointment of Mr. Liu Ming as an executive director, with effect from 19 August 2026, for an initial term of one year, renewable automatically subject to retirement by rotation and re-election by shareholders; he is entitled to an annual remuneration of HKD 1,200,000 and a year-end bonus of HKD 200,000.

Mr. Liu, aged 54, holds a Bachelor of Business Administration from the Hong Kong University of Science and Technology and a Master's degree in corporate finance from the Hong Kong Polytechnic University. He has approximately 30 years of experience in banking and corporate finance, serving for about 18 years until 2022 as a responsible officer for Type 6 regulated activity (advising on corporate finance) under the Securities and Futures Ordinance, with involvement in IPOs on the Main Board and GEM, acquisitions, debt and corporate restructuring.

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