CIBT Reports Director Election Results
VANCOUVER, BC / ACCESSWIRE / January 27, 2017 / CIBT Education Group Inc. (“CIBT”) (TSX: MBA, OTCQX International: MBAIF) 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 6, 2016, were elected. Proxy voting as to each of the director nominees was as follows:
Percentage of
Votes in Favour
Percentage of
Votes Withheld
Toby Chu
99.39%
0.61%
Tony David
100%
0%
Derek Feng
100%
0%
David Hsu
100%
0%
Troy Rice
100%
0%
Shane Weir
100%
0%
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 & language colleges, student housing properties, recruitment centers and corporate offices at 34 locations in Canada and abroad. Total annual enrollment for the group exceeds 8,000 students. Its education providers include Sprott Shaw College (established in 1903), 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 and vocational programs. CIBT’s property investments are owned 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 centers totalling over $600 million. CIBT also owns Global Education Alliance (“GEA”) and Irix Design Group (“Irix Design”). GEA recruits international students for many elite kindergarten, primary & secondary schools, colleges and universities in North America. Irix Design is a leading design and advertising company based in Vancouver, Canada. Visit us online at www.cibt.net, www.studenthotel.ca and watch our corporate video at http://cibt.net/about/.
Toby Chu
President, CEO and Chairman
CIBT Education Group Inc.
Investor Relations Contact: 1-604-871-9909 extension 310 or | Email: info@cibt.net
SOURCE: CIBT Education Group Inc.
ReleaseID: 453751