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CIBT Reports Director Election Results

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CIBT Reports Director Election Results



Vancouver, British Columbia (FSCwire) - CIBT Education Group Inc. (TSX: MBA, OTCQX International: MBAIF) (“CIBT”) reports the director election voting results from its annual general meeting held today.  All of the director nominees, as listed in the management information circular dated December 5, 2017, were elected.  Proxy voting as to each of the director nominees was as follows:

 

 

Votes in Favour

Votes Withheld

Toby Chu

99.62%

0.38%

Tony David

99.82%

0.18%

Derek Feng

100.00%

0.00%

May Hsu

99.99%

0.01%

Troy Rice

99.82%

0.18%

Shane Weir

99.82%

0.18%

 

Please see the report of voting results filed today under CIBT’s profile on SEDAR for the results of the other matters voted on by shareholders at the meeting..

 

About CIBT Education Group:

 

CIBT Education Group Inc. is one of the largest education and student housing investment companies in Canada focused on the global education market since 1994.  Listed on the Toronto Stock Exchange and U.S OTCQX International, CIBT owns business and language colleges, student housing properties, recruitment centres and corporate offices at 44 locations in Canada and abroad.  Total annual enrollment for the group exceeds 15,000 students.  Its education providers include Sprott Shaw College (established in 1903), Sprott Shaw Language College, Vancouver International College and CIBT School of Business.  Through these schools, CIBT offers business and management programs in healthcare, hotel management, language training, and over 150 career, language and vocational programs.  CIBT's property investments are held by Global Education City Holdings Inc., an investment holding and management company focused on developing education related real estate such as student hotels, serviced apartments and education super centres totalling over $600 million.  CIBT also owns Global Education Alliance (“GEA”) and Irix Design Group ("Irix Design"). GEA recruits international students for many elite kindergartens, primary and secondary schools, colleges and universities in North America.  Irix Design is a leading design and advertising company based in Vancouver, Canada. Visit us online and watch our corporate video at www.cibt.net.

 

Toby Chu

Chairman, President and Chief Executive Officer

CIBT Education Group Inc.

 

Investor Relations Contact: 1-604-871-9909 extension 318 or | Email: [email protected]



To view the associated document to this release, please click on the following link:
public://news_release_pdf/CIBT01262018.pdf



Source: CIBT Education Group Inc. (TSX:MBA, OTCQX:MBAIF)

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