Bellamy's chairman joins Vocus board

Vocus Group has appointed major shareholder and Bellamy's chairman John Ho as a non-executive director, effective immediately.

Vocus Group has appointed Bellamy's chairman John Ho as a non-executive director.

Mr Ho, who through Hong Kong-based Janchor Partners holds indirectly a 17.9 per cent interest in the telecommunications group, will receive no payment for his new role.

Vocus chairman Vaughan Bowen on Monday said Mr Ho's experience and background indicated he would make a valuable contribution.

"Janchor hold a substantial stake in Vocus which, coupled with John's position on the board, represent a long-term commitment to the company and increasing its enterprise value," Mr Bowen said in a statement.

Janchor, which Mr Ho founded in 2009, also owns 7.7 per cent in infant formula business Bellamy's.

He became its non-executive chairman in May.


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Source: AAP



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