READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced the appointments of Siegfried Yu as the Chief Financial Officer of the Company, and Ernest Kwan as the General Manager of OkeApp (www.okepartners.com).

Mr. Yu is a Chartered Certified Accountant (ACCA) and has over 25 years of experience in Accounting and Finance. He has worked for accounting firms, engineering companies, trading and manufacturing companies, financial institutions and multinational companies, and has considerable experience in Asian markets such as Hong Kong, Mainland China as well as Southeast Asia. He is also experienced in legal compliance, corporate governance, and pre-IPO process.

Mr. Kwan is a sales, recruiting and training expert with extensive experience in retails for 25 years. He worked in the insurance and financial planning sector in his early years, for companies like Prudential, AIA and Fortis. Later on, he has strengthened his skills in tele-marketing, sales training and team-building with his leading role in Hong Kong Jockey Club and Shop.com. Prior to his joining RHCO, he was the Senior Supervisor of Shops of Circle-K which operate more than 300 convenience stores in Hong Kong and Macau. As the General Manager of OkeApp, he will be leading the sales team, which is responsible for the recruitment of OkeMerchants, OkePartners and also OkeMembers.

The Company also announced today that since the soft launch of OkeApp early this year, it has recruited more than 500 OkePartners. OkePartners are the individuals, companies or charities who can share their invitation code to anyone to become OkeMembers. OkeMembers can enjoy remarkable discounts offered by OkeMerchants. For all the spending of OkeMembers at OkeMerchants through OkeApp, the corresponding OkePartner would receive a commission up to 5% of the discounted amount.

Richard Klitsie, CEO of RHCO stated, “We are very pleased to further expand our team, and we welcome Siegfried and Ernest with great expectations. Siegfried will be helping us to speed up the up-listing process, and Ernest will be the right leader to fully expand the numbers of OkeMerchants, OkePartners and OkeMembers. We are taking another big step in the launch of the most prominent discount referral app globally.”