CEO Increases Amax Stake

Asia Pioneer Entertainment Holdings Ltd. has appointed Tony Chan Chi Lun as an executive director. Chan is CFO of the company’s Macau gaming equipment subsidiary, APE Macau.

Asia Pioneer Entertainment Holdings Ltd. has appointed Tony Chan Chi Lun as a company executive director.

Chan is chief financial officer of the company’s Macau gaming equipment subsidiary, Asia Pioneer Entertainment Ltd., also known as APE Macau. The unit is involved with the technical sales and distribution, consulting and repair of gaming machines, reported GGRAsia.

In a filing to the Hong Kong Stock Exchange, APE said Chan would serve for a three-year term, effective immediately. The company told the exchange that he has an interest in 725.1 million shares in APE.

Chan has been CFO since April 2018 and previously held the same position at another APE subsidiary. Chan was an advisor to APE Macau on investor relations and corporate finance for about four years.