"Mr Jeffrey Lai as Chief Executive Officer, effective 20 March...

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    "Mr Jeffrey Lai as Chief Executive Officer, effective 20 March 2017."

    So imo, Mr Lai should be in the job before the buy back. Putting him in the drivers seat from day one of getting 100%.

    That would be how I would play it. If so ann is due at any moment in the next week or two confirming details.
 
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