Attached files
| file | filename |
|---|---|
| EX-99.1 - QKL Stores Inc. | v170672_ex99-1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act 1934
Date of
Report (date of earliest event reported): December 31, 2009
QKL
STORES INC.
(Exact
name of registrant as specified in charter)
|
Delaware
|
033-10893
|
75-2180652
|
|
(State
of Incorporation)
|
(Commission
File No.)
|
(IRS
Employer
Identification
No.)
|
Jingqi
Street
Dongfeng
Xincun
Sartu
District
163311
Daqing, PRC
(Address
Of Principal Executive Offices) (Zip Code)
(011)
86-459-460-7825
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, is Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02 Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal Officers.
On
January 1, 2010, Limin Zheng, a director on the Board of Directors of QKL Stores
Inc. (the “Company”), resigned from the Board of Directors. No executive officer
of the Company is aware of any disagreement between Ms. Zheng and the Company on
any matter relating to the Company’s operations, policies or
practices.
On
December 31, 2009, the Board of Directors (“Board”) of the Company by written
consent approved the appointment, effective as of January 1, 2010, of Mr. Alan
Stewart (“Mr. Stewart”), our Chief Operating Officer, to the Board. Mr. Stewart
will not be compensated for his services as a director. In addition, the Board
accepted the resignation of Ms. Zheng as a director of the Company, effective as
of January 1, 2010.
Mr. Alan
D. Stewart was appointed as the Company’s Chief Operating Officer in August
2008. Mr. Stewart’s prior international experience includes two years as General
Manager-Hypermarket Division at NTUC Fairprice, Singapore, five years at PT
Matahari Putra Prima Tbk, a multi-format retailer in Indonesia in various
positions including CEO-Supermarket Division, and three years with Al
Azizia-Panda United, Inc., Kingdom of Saudi Arabia, as General Manager of the
Company. Mr. Stewart’s domestic experience in the United States includes 32
years with American Stores and its subsidiaries, Salt Lake City, Utah, where he
held various titles including President and Chief Operating Officer of the
parent company. Mr. Stewart attended Mt. San Antonio College in 1963, the
Advanced Management Program at Harvard Business School in 1986 and the
Restaurant Executive Program of Cornell University in 1998.
Item
8.01 Other Events.
On
January 6, 2010, the Company issued a press release announcing the resignation
of Limin Zheng from the Board and the appointment of Alan Stewart to the
Board. A copy of the press release is furnished as Exhibit 99.1
hereto.
Item
9.01 Financial Statements and Exhibits.
Exhibits
99.1 Press
Release dated January 6, 2010.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| QKL STORES INC. | |||
|
|
By: /s/ Zhuangyi Wang | ||
| Name: Zhuangyi Wang | |||
| Title: Chief Executive Officer | |||
Dated:
January 6, 2010