Vitaxel Group Announces Appointment of Kay Wong-Alafriz as Independent Director

May 20, 2016 4:01 PM EDT | Source: Vitaxel Group Limited

Kuala Lumpur, Malaysia--(Newsfile Corp. - May 20, 2016) - Vitaxel Group Limited (OTCQB: VXEL) (the "Company" or "Vitaxel"), a multi-level marketing direct seller, with an emphasis on travel, entertainment and lifestyle products and services, today announced that Ms. Kay Wong-Alafriz has been appointed to be an independent director, effective May 15th, 2016.

Ms. Wong-Alafriz has more than twenty years of experience as an entrepreneurial minded Senior Management and Finance Executive with a consistent record of contributing to the overall success of organizations. From 2015 through the present, Ms. Wong-Alafriz has served as the Senior Vice President of Operations and Finance for Mobetize Corp. From 2008 to 2015, Ms. Wong-Alafriz was a Senior Finance Executive for Asian Coast Development (Canada) Ltd. Prior to that, She was a Senior Finance Executive for Imperial Parking Corporation. From 2004 to 2005, Ms. Wong-Alafriz served as a Process Transformation (Finance, Strategy and Operations) Consultant and Senior Project Director for Great Canadian Gaming Corporation and Sierra Wireless Inc. From 2001 until 2004, Ms. Wong-Alafriz served as the Director of Airport Improvement Fee Programs for the Vancouver International Airport Authority. Form 1998 until 2001, Ms. Wong-Alafriz served as a Subject Matter Expert for the Investigations Branch and Claims Investigation Section of Worksafe BC. From 1994 until 1998, Ms. Wong-Alafriz served as a Senior Financial Analyst and Expert Witness in Financial Crimes and Methodologies for the Royal Canadian Mounted Police.

Ms. Wong-Alafriz presently has been serving as a board member for a few companies including Supreme Windows (Calgary) Inc., a family owned business (2015-present); Blackrock Resources Ltd / Greenpower Motor Company Inc., a publicly traded company on the Toronto Stock Exchange, TSX Venture Exchange and OTCQB (2010-2015); CVM Minerals Ltd. / Ding He Mining Holdings Ltd, a Stock Exchange of Hong Kong Limited listed company (2007-2015); Vancouver Community College Foundation Board (2006-present); and Nagacorp Ltd., a Stock Exchange of Hong Kong Limited listed company (2003-2009). Ms. Wong-Alafriz is a member of the Institute of Chartered Accountants of British Columbia (CPA), the Institute of Corporate Directors (ICD) Corporate Governance College, the Institute of Internal Auditors, and the Association of Certified Fraud Examiners (CFE). She obtained her Bachelor of Arts Political Science Degree from Queen's University, Kingston, Canada in 1988.

"We are pleased to weclome Ms. Wong-Alafriz to the Vitaxel Board," said Mr. Ryan Leong, Chief Executive Officer of Vitaxel."As a member of senior executive teams in Canada, the US and Asia, Ms. Wong-Alafriz can leverage a broad array of finance/accounting skills and entrepreneurial experience to provide operational and strategic insights to our company and board members. We believe that her extensive financial, accounting and executive management expertise will help translate broad corporate goals into tangible results." Mr. Leong conluced.

"I look forward to working together with Mr. Leong and the board to help Vitaxel achieve its business goals."Ms. Wong-Alafriz commented.

About Vitaxel Group Limited

Vitaxel Group Limited has three significant operating subsidiaries, Vitaxel SDN BHD (Vitaxel) and Vitaxel Online Mall SDN BHD (Vionmall), and the Vitaxel Singapore PTE. Ltd. ("Vitaxel Singapore"). Vitaxel is engaged in the direct selling industry utilizing a multi-level marketing model with an emphasis on travel, entertainment and lifestyle products and services. Vionmall is engaged in the development of online shopping platforms geared to Vitaxel and its members and third party providers of products and services.

Safe Harbor Statement

This press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company's periodic and other reports that are filed with the Securities and Exchange Commission and available on the SEC's website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contacts:

Vitaxel Group Limited
Email: info@vitaxel.com
Phone: 03-2143 2889

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