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CITIC Telecom International Holdings Limited officially becomes the controlling shareholder of CTM

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CITIC Telecom International Holdings Limited officially becomes the controlling shareholder of CTM Contributing to the prosperity of Macau CITIC Telecom International Holdings Limited (hereafter referred to as “CITIC Telecom”) announced that the transaction in acquiring the stake in CTM was officially approved by the Macau SAR Government. Starting from today (24 June,2013), CITIC Telecom becomes the controlling shareholder of CTM. The new CTM Board of Directors was found today and a cocktail reception was held in the same afternoon to celebrate the occasion. Zhang Jijing, Vice President of CITIC Group Corporation, Executive Director and President of CITIC Pacific and Xin Yue Jiang, Chairman and Executive Director of CITIC Telecom are confident with the future development of CTM. They reaffirmed that CITIC Telecom will actively cooperate with the Macau SAR Government to foster the development of telecom industry, and strive to serve the society of Macau. (Photo from Left to Right): Mr. Vandy Poon, Chief Executive Officer of CTM; Mr. Xin Yue Jiang, Executive Director & Chairman of CITIC Telecom International Holdings Limited; Mr. Ma Lao Hang, Chairman of the Board of Directors of TDM and Macau International Airport Company Limited; Mr. Huang Hua Gai, Head of the Ministry of Social Affairs of the Central People’s Government Liaison Office in Macau; Mr. Zhang Jijing, Vice President of CITIC Group Corporation, President and Executive Director of CITIC Pacific; Mr. Ho Hau Wah, Vice Chairman of the CPPCC National Committee; Mr. Tou Veng Keong, Director of Bureau of Telecommunications Regulation, on behalf of the Secretary for Transport and Public Works, Macau SAR; Ms. Huang Xing Qian, Representative of the Commissioner of the Ministry of Foreign Affairs in Macau; Ms. Lau Wai Meng, Director of Macau Post, MSAR; Mr. Yuen Kee Tong, Chief Executive Officer of CITIC Telecom International Holdings Limited
For more information, please refer to the Press Release below.
Reference: CTM Website   
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