Chan Chi-Wah, president of the Hong Kong Securities and Futures Professionals Association, has taken office as managing director of Mango Financial, according to Ming Pao.
Mango Financial previously signed a definitive merger agreement and plan with special purpose acquisition company Cayson Acquisition Corp (CAPN). Under the transaction contemplated in the merger agreement, upon completion Cayson will become a wholly owned subsidiary of Mango Financial Group Limited, while Mango Group will become the parent company of Mango Financial, and the combined company’s shares will be listed on Nasdaq.