Director Michael Chai
BLACKWELL GLOBAL HOLDINGS LIMITED
P O Box 42 258
Orakei
Auckland, 1745
19 April 2024
NZX Limited
WELLINGTON
Director Michael Chai
It has just come to our attention that one of the Company’s directors, Michael Chai, was
arrested in January 2024, and has been incarcerated in the Philippines on matters unrelated to
Blackwell Global Holdings Limited.
We are seeking clarification of the exact details of the charges.
The independent directors Sean Joyce and Craig Alexander are extremely disappointed to learn
of this development at such late notice.
The independent directors have today, through an intermediary, sought the resignation of Mr
Chai as a director of the Company.
The independent directors are taking legal advice on this matter, and are looking at the
implications of this development on the Company.
We will update the market during the course of next week.
END
Contact:
Sean Joyce
Chairman
Blackwell Global Holdings Limited
Auckland
M: + 21 865 704
E: sean@corporate-counsel.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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