Milestone day or tonight for the History and the future of Mars basketball sectionas, on Monday afternoon (21/07), the Professional Sports Committee approved the transfer of 90% of the OEM shares In the company, Black & Yellow Holdings Limited, owned by Richard Siao.
Shortly after the ESA decision, the “yellow” OEM issued a statement, announcing that Mars is now coming into a new era and that the new administration can now freely begin the “building” of the roster.
It is noted that Wednesday, July 23 (13: 00-14: 30) a press conference will be held by the New Administration.
In detail the announcement of CAE Mars:
“ARIS OEM announces that the Professional Sports Committee (EEA) has given the final approval for the transfer of 90% of the company’s shares to Black & Yellow Holdings Ltd of Richard Siao, a subsidiary of the RHC Group based in New York. The new administration can now start its operation normally.
It is recalled that, by law, AS Mars holds 10% of the OEM.
ARIS CAE enters a new era. Black & Yellow Holdings Ltd, a member of the RHC Group, as a majority shareholder, is committed to supporting Mars with professionalism, long -term vision and respect for the history and values of the club.
The announcement of the new Board of Directors will take place within the week.
The first official presence of the new administration is scheduled to take place at the press conference of all the material, which will take place on Wednesday, July 23 (13: 00-14: 30) in the “Elias Zygouris” hall of Alexandria Melathros. “
Source: Sport Fm
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