Breaking #Fintech News:
Weyland Tech (OTCQX: $WEYL) Enhances Corporate Governance with New Social Media
Committee Charter; @weylandtechinc
NEW
YORK, NY - February 14, 2020 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL),
a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce
managed services, and fintech solutions, has adopted new governance policies
and guidelines for social media as the company's presence on emerging
communication platforms grows.
The
company's new Social Media Committee Charter, as ratified by the company's
board of directors, establishes a Social Media Committee (SMC) which will be
guided by policies and procedures designed to provide transparency and
accountability. Members of the SMC will be appointed by Weyland's board of
directors nominating committee, and they will be accountable to the board of
directors.
The
committee will be responsible for ensuring that all of the company's
stakeholders have access to timely and accurate information about the company
in compliance with Regulation FD, regardless of the communication
medium. The complete details of the charter and responsibility of the SMC have
been made available on the governance page in the Investors section of the company's
website.
"This
new charter reflects a number of important steps we are taking to strengthen
our corporate governance in response to the growth of Weyland on the global
stage," said the company's CEO, Brent Suen. "We expect our new social
media committee to play an important role as we look to leverage the power of
this medium to reach and interact with a larger worldwide audience of
institutional investors and family offices."
About Weyland Tech
Weyland
Tech is a developer and global provider of mobile business software
applications. The company operates its CreateApp™ platform-as-a-service (PaaS)
across three continents and 10 countries, including some of the fastest-growing
emerging markets in Southeast Asia. The platform provides a mobile presence for
small-and-medium sized businesses (SMBs) that is supported locally by
distributor partnerships.
Offered
in 14 languages with more than 70 integrated modules, CreateApp enables SMBs to
create and deploy native mobile applications for Apple iOS and Google Android
without technical knowledge or background. The technology empowers SMBs to
increase sales, reach more customers, manage logistics, and promote their
products and services in an easy, affordable and highly efficient way. For more
information, visit weyland-tech.com.
Important Cautions Regarding Forward Looking Statements
This
release contains certain "forward-looking statements" relating to the
business of the Company. All statements, other than statements of historical
fact included herein are "forward-looking statements" including
statements regarding: the ability of the Company to successfully implement new
governance policies, the continued growth of the eCommerce segment and the
ability of the Company to continue its expansion into that segment; and any
other statements of non-historical information. These forward-looking statements
are often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions and involve
known and unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are reasonable,
they do involve assumptions, risks, and uncertainties, and these expectations
may prove to be incorrect. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this news
release. The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic reports that are
filed with the Securities and Exchange Commission and available on its website
(www.sec.gov). All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their entirety by these
factors. Other than as required under the securities laws, the Company does not
assume any duty to update these forward-looking statements.
Company Contact
Brent
Suen, CEO
Weyland Tech Inc.
Weyland Tech Inc.
Weyland Tech
(OTCQB:WEYL) is a featured fintech stock on
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