May 24, 2017 9:32 PM ET

Personal Products

Company Overview of World Trade Systems plc

Company Overview

World Trade Systems Plc develops, produces, and sells health care products in the People’s Republic of China. It offers functional health foods, skin care products, and other products for mid-high end consumers. The company was incorporated in 1983 and is based in London, the United Kingdom.

50 Tricor Suite

4th Floor

50 Mark Lane

London,  EC3R 7QR

United Kingdom

Founded in 1983

63 Employees

Phone:

44 7926 681783

Key Executives for World Trade Systems plc

Finance Director and Director
Age: 55
Chairman and Secretary
Age: 66
Compensation as of Fiscal Year 2016.

World Trade Systems plc Key Developments

World Trade Systems plc Announces Executive Changes

World Trade Systems plc has appointed Mr. John Anthony (Tony) Hoskinson to its Board as a Non-Executive Director with immediate effect. Mr. Hoskinson has international experience from sectors that include mining, energy, property and services throughout a career that has spanned more than 50 years. He has served on the boards of both private and publicly listed companies during that time which have operated in the UK and internationally. The company also announced that Ms. Clio Lee has resigned as a non-executive director with immediate effect.

World Trade Systems plc Reports unaudited Earnings Results for the six months Ended June 30, 2016

World Trade Systems plc reported unaudited earnings results for the six months ended June 30, 2016. For the six months, the company reported operating income of £2,000, loss from operations of £17,000, loss before tax of £17,000 and net loss of £17,000 or 1.94 pence per share compared to operating income of £3,000, loss from operations of £99,000, loss before tax of £152,000 and net loss of £152,000 reported in the year ended December 31, 2015. Net cash used in operating activities was £34,000 against £89,000 reported last year.

World Trade Systems plc Announces Management Changes; Establishes Shimao Bio-Technology Co. Ltd

World Trade Systems plc announced the appointment of Abdul Khader Mohamed Ismail and Ellen Xin Lu as Finance Director and an independent non-executive director respectively with effect from 15 November 2016. AKM Ismail, a banker by background has considerable experience with mainland Chinese companies, and has been instrumental in the creation and subsequent development of WTS China. Ellen Lu, who previously worked for McKinsey & Co is fluent in Chinese and Mandarin and has considerable experience of business within China. It is envisaged that at the time of Admission, the board will appoint a further independent non-executive director and Antares Cheng will resign from the board. The company also announced Dr. Shao Chen has recently joined the board and at the time of Admission will become the Chief Executive Officer of the company. Robert Lee will continue his role as non-executive Chairman. World Trade Systems plc established Shimao Bio-technology Co. Ltd., a new wholly-owned subsidiary in Suzhou, China which has been fully licensed as a wholly foreign-owned enterprise to engage in the development and sale of bio-technical medical and healthcare products. WTS China has begun developing its operations and commenced trading.

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