MakeMyTrip Limited announced that Effective upon the closing of the Transaction, Pat Luke Kolek, Charles St Leger Searle and Aileen O’Toole resigned from the board of directors of MakeMyTrip. In addition, Pat Luke Kolek resigned as an observer on the audit committee and Aileen O’Toole resigned as a member of the compensation committee. Jane Jie Sun, Cindy Xiaofan Wang and Xing Xiong were appointed to the board of directors of MakeMyTrip. James Jianzhang Liang continues to serve on the board of directors as a nominee of Ctrip. Paul Laurence Halpin, who was formerly a nominee of MIH Internet, continues to serve on the board of directors of MakeMyTrip as a nominee of Ctrip with effect from the closing of the Transaction and as an independent director within the meaning of the Nasdaq Rules. Jane Jie Sun has served as the chief executive officer of Ctrip, as well as a member of the board of directors of Ctrip, since November 2016. Cindy Xiaofan Wang has served as the chief financial officer of Ctrip since November 2013 and executive vice president since May 2016.
MakeMyTrip Limited is an online travel provider. The Company's segments include Air Ticketing, Hotels and Packages and Bus Ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms. The Hotels and packages segment provides holiday packages and hotel reservations through Internet-based platforms, call centers, and franchise stores. The Bus ticketing segment provides the facility to book domestic and international bus tickets through Internet-based platforms. Through its primary websites, such as www.makemytrip.com, www.goibibo.com, and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. The Company's services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, activities and experiences, and ancillary travel requirements. It also provides an inter-city car rental service.