STAR CENTURY PANDAHO CORPORATION (OTCMKTS:SCPD) Files An 8-K Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant.
On May 28, 2017, Star Century Entertainment Corporation and ILC
Holdings, LLC entered into a Share Purchase Agreement to which
Star Century Entertainment Corporation sold an aggregate of
25,000 shares of Series B preferred shares of the Registrants
preferred stock to ILC Holdings, LLC at a purchase price of
$50,000. Each share of Series B Preferred Stock has the voting
power of 5,000 common shares. The 25,000 shares of Series B
Preferred Stock has voting power of 125,000,000 common shares and
the shares represent approximately 65% of the voting control of
Star Century Pandaho Corporation which is significant influence
over all matters requiring approval by our shareholders, but not
requiring the approval of the minority shareholders.
Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain officers;
Compensatory Arrangements of Certain Officers.
On May 29, 2017, the Registrant accepted the resignations of Fen
Xing as the Registrants Chief Executive Officer, Secretary,
Treasurer and member of the Board of Directors, Jian Zhang as the
Chief Operating Officer and member of the Board of Directors and
Yan Zhang as the Director of Public Relations and member of the
Board of Directors. These resignations did not arise from any
disagreement on any matter relating to the Registrants
operations, policies or practices, nor regarding the general
direction of the Registrant. Effective as of the same date the
Registrant elected and appointed Cihan Huang as Chief Executive
Officer, President and a member of the Board of Directors, Chang
Wang as Chief Operating Officer, Secretary, Treasurer and a
member of the Board of Directors and Michael Chi Chung Leung as a
member of the Board of Directors of the Registrant.
The following biographical information is provided:
Cihan Huang, Chief Executive Officer, President and member of
the Board of Directors
Mr. Huang is a full time Angel investor and a professional
business speaker in China. He has spoken to more than 2 million
people across the country, on different subjects, investing,
Leadership, business model, marketing and selling etc. Mr. Huang
has a strong interest in the language and culture of both Chinese
and Western world, with superb English speaking skills and used
to be the honorable president of Liyang Crazy English Education
Group, which is the most famous training company in China. Mr.
Huang has been long engaged in economics research and served as
Vice Dean in Chinese Economy Institute, 2016-2017. Mr. Huang has
served as Chairman of the Board of Directors of Guangzhou CIHAN
Business Consulting Company Limited since 2008. He is Co-Founder
of Shenzhen KAICI Fund Management Company Limited and served as a
member of the Board of Directors from 2016 to present. From June
2015 to August 2015, he served as an executive director and Chief
Executive Officer of Shenzhen CIHAN Internet Technology Company
limited and from December 2015 to present he has served as
Chairman of the Board of directors and chief executive officer.
Since November 2015, Mr. Huang has served as General Manager and
chairman of the Board of Directors of Shenzhen KAICI Financial
Holding Group Co., Ltd. Since 2015, Mr. Huang has served as
President and member of the Board of Directors of HONGKONG
International Board Financial Investment Group Limited. From 2015
to 2016, he served as member of the Board of Directors of
Shenzhen KAIMO VC Investment Corporation Limited and from 2016 to
present he has served as General Manager and chairman of the
Board of Directors.
Chang Wang, Chief Operating Officer, Secretary, Treasurer and
member of the Board of Directors
Ms. Wang has had almost 10 years of experience in corporate
compliance and operation, as well as a professional background in
investment and finance. She has passed both the National Judicial
Examination, and the Securities Investment Analyst Examination.
In 2014, she received her attorneys license. The last two years,
she run two funds of 180 million range and invested in non-listed
companies equities. From 2008 to 2009, Ms. Wang served as a legal
assistant with Guangdong Dawei Law Firm. From 2009 to 2011, she
served as Secretary, member of the Board of Directors and Manager
of Legal Affairs Department of Guangdong Hua Nan Shun Tong Bulk
Commodities Co., Ltd. From 2011 to 2013, Ms. Wang was a Trainee
Solicitor of Guangdong Ever Win Law Office Dongguan f/k/a
Guangdong Saanen Law Firm. From 2013 to 2014, she served as Head
of the Branch of Black Sea Capital Co., Ltd., Dongguan. From 2015
to 2016, Ms. Wang was Chief Investment Officer of Dongguan
Securities Corporation Ltd and from 2017 to present she is a
self-employed Angel Investor.
Michael Chi Chung Leung, member of Board of Directors
Mr. Leung is a business guru with tremendous international
business experiences and markets development. He is well-versed
in connecting, promoting and thrive at multi-cultural markets. He
is a life-member of the Stanford Business School. He is equipped
with an MBA degree and obtained executive education in different
focuses across Continents. In 2012, upon the 15th Anniversary
that Hong Kong returned her sovereignty to P.R. China, Mr. Leung
is decorated with a special recognition: Bauhinia Award1997-2012.
It is awarded to only Fifty-five leading Hong Kong figures for
their profound contributions in socio and economics development
overall between HK and the mainland China. The prestigious award
put him as an effective modem to bridge the best between EAST
WEST. He shares his enthusiasm for executive management, business
development and continuing education which exemplify stellar
professionalism of himself in different market regions. He is
globally business savvy and has achieved substantial business
track records in U.S., Europe and Asia markets. From a senior
executive with regional responsibility at Fortune 100’s
corporation, He has turned himself to become a successful
entrepreneur and investor; fostering international business
cooperations with in-depth exposure at cross-cultural
environment. Mr. Leung is also a widely acclaimed Guest Keynote
Speaker at universities Commentator at global business forum. He
is a certified business consultant and corporate trainer which
earned him substantial recognition in the industry. From 2001 to
2004, he served as Senior Director and eMarketing of Oracle
Corporation, Asia Pacific. He is Co-Founder of Inspur Worldwide
Services, China and served as Vice Chairman and Chief Executive
Officer from 2005 to 2009. He is Co-Founder of Tresor House Group
Ltd. and served as Chief Executive Officer from 2010 to 2016. Mr.
Leung has been Executive Vice-Chairman of Hong Kong International
Board Financial Investment Group Company Ltd. from 2017.
SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
| Exhibit No. | Document | Location |
| 17.1 | Fen Xing resignation letter dated May 29, 2017. | Filed herewith |
| 17.2 | Jian Zhang resignation letter dated May 29, 2017. | Filed herewith |
| 17.3 | Yan Zhang resignation letter dated May 29, 2017. | Filed herewith |
About STAR CENTURY PANDAHO CORPORATION (OTCMKTS:SCPD)
Star Century Pandaho Corporation focuses on the establishment of officially licensed and professional operated fan clubs for celebrities and selected brands that will engage in event management, talent shows, brand and image licensing and associated product distribution, music festivals, and multi-media productions, such as movies, television shows and Web channel content. Within its planned services, the Company also focuses on utilizing its license rights to the character and brand, Pandaho. It will also focus on utilizing its license rights for Pandaho (Panda) themed areas, as well as branding, toys, art, entertainment and e-commerce. It is focusing on developing and launching commercial, philanthropic and cultural activities as a part of the brand development of Pandaho, the Panda. Its planned primary operation will be in Beijing, China. The Company has no revenues from operations. STAR CENTURY PANDAHO CORPORATION (OTCMKTS:SCPD) Recent Trading Information
STAR CENTURY PANDAHO CORPORATION (OTCMKTS:SCPD) closed its last trading session 00.0000 at 0.0200 with shares trading hands.