Josab International AB announced at its AGM held on June 23, 2016, the shareholders approved the appointments of Sten Johansson and Stefan Östlundh as board members. Sten Johansson, Swedish citizen, with more than 15 years' experience from M&A, and presently a partner at Midcorp AB. Stefan Östlundh a Swedish citizen, who since more than 20 years been living in China and in the recent years been managing large infrastructure development projects around China.