TORONTO, April 23,
2024 /PRNewswire/ -- Visionary Holdings Inc. (the
"Company") (NASDAQ: GV), a private education provider with
technology of artificial intelligence and life science on the
cutting edge, with subsidiaries in Canada and market partners in China, today
announced on April 22, 2024, the
Board appointed Mr. Zhong Chen as
its new chief executive officer, effective immediately.
Mr. Chen has over 27 years of experience in development,
construction, and architectural management. He has been serving as
the President of Addington Development in Toronto, Canada since 2010. Under his
leadership, the company has successfully raised over $150 million CAD through various financings and
improved construction processes, reducing costs by 15%. Prior to
Addington Development, Mr. Chen was the President & Chief
Representative at P&H International Architects in Toronto and Shanghai from 2000 to 2018, where he led
extensive urban and residential projects and earned multiple design
awards. From 1993 to 2008, he was the President of Olympic
Construction and Installation Engineering Company in Shanghai, where he won two China Luban Awards
for construction excellence. Mr. Chen holds an Executive MBA (EMBA)
from Nanyang Technological Institute in Singapore. Mr. Chen obtained his Bachelor of
Science (B.S.) in Physics from Shanghai University of Science and Technology,
China.
About Visionary Holdings Inc.
Visionary Holdings Inc. headquartered in Toronto, Canada, is a private education
provider located in Canada, with
subsidiaries in Canada and market
partners in China, that offers
high-quality education resources to students around the globe. The
Company aims to provide access to secondary, college, undergraduate
and graduate and vocational education to students in Canada through technological innovation so
that more people can learn, grow and succeed to their full
potential. As a fully integrated provider of educational programs
and services in Canada, the
Company has been serving and will continue to serve both Canadian
and international students. For more information, visit the
Company's website at https://ir.visiongroupca.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "intends," "would," "continue,"
"should," "may," or similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and in its other filings with the
SEC.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Holdings Inc.
