| New CEO is Old CEO at Bonso |
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| Written by Mike Buetow | |||
| Tuesday, 10 October 2006 06:09 | |||
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TORTOLA, BRITISH VIRGIN ISLANDS --
The CEO and president of EMS provider Bonso Electronics International retired, effective Oct. 1. Chairman Anthony So has taken over as president and CEO from George O'Leary, who was with Bonso for 15 years. So also preceded O'Leary as president. Last month Bonso entered into a letter of intent to acquire approximately 100,000 sq. meters of land for future expansion in the Xincheng Industry Park in China. The company paid $760,000 for the land. The projected capital expenditure for the first phase of investment is $8 million. The company also has facilities in Shenzhen.
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