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pointofreturn   Wednesday, 04/09/14 09:24:24 AM
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Loyalist Group appoints Lim COO, adds 40 beds
Ticker Symbol: C:LOY
Loyalist Group appoints Lim COO, adds 40 beds
Loyalist Group Ltd (C:LOY)
Shares Issued 148,814,592
Last Close 4/8/2014 $0.61
Wednesday April 09 2014 - News Release
Mr. Andrew Ryu reports
Loyalist Group Ltd. has appointed Sung Lim as chief operating officer of the company. Mr. Lim was the founder of King George International College (KGIC), an accredited and licensed English-as-a-second-language (ESL) school and King George International Business College (KGIBC), a registered career college in Toronto, Vancouver and Victoria, both of which were previously acquired by Loyalist.
"Mr. Lim joined Loyalist when KGIC and KGIBC were acquired from CIBT in September, 2013, and has proven to be an active and astute operational business partner for Loyalist," stated Loyalist chief executive officer Andrew Ryu. "We are most fortunate to have someone of Mr. Lim's skill set, with a long history of successful operations in the ESL sector, within the Loyalist family. This appointment is consistent with our consolidation strategy as it allows us to centralize responsibility for numerous operations under a single individual within our organizational structure."
Loyalist is also pleased to announce that it has added an additional 40 beds to its existing housing portfolio for occupancy starting in May, 2014, bringing the total number of beds to 164.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd.

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