Acquisition of 60% equity interest in Vioo and appointed Mr Cheung Chi Keung as the Chief Information Officer

The board of directors of the Company (“Board”) is pleased to announce that, on 22 January 2019, Beacon Holdings Limited has completed the  purchase of 60% share capital of Vioo Company Limited. Upon completion of the acquisition, Vioo becomes a non-wholly owned subsidiary of the Company

 

Founded in 2008, Vioo is principally engaged in the provision of innovative digital solutions which computerize business operation to enhance business achievement. Vioo provides products and services including e-commerce advisory and platform implementation, payment gateway integration, mobile applications, data analysis and e-marketing strategy. It is the Group’s plan to invest in the enhancement of the Group’s information infrastructure to strengthen the Group’s education services, particularly in bettering students’ learning experience and intensifying the Group’s measurement and assessment on students’ learning progress.

 

The Board is also pleased to announce that Mr. Cheung Chi Keung has been appointed as the Chief Information Officer of the Group.Mr. Cheung graduated from The Hong Kong University of Science and Technology with a bachelor’s degree of Engineering in Computer Science in 2002. Mr. Cheung has over 17 years of solid experience in programming and information technology. The Company looks forward to leveraging the expertise of Vioo and its extensive experience in information technology to reach new heights of success.