READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES APPOINTMENTS OF NEW CFO AND GM

READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES APPOINTMENTS OF NEW CFO AND GM

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."

Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;

OkePay: www.okepay.biz

OkePay VPOS: www.okepay.biz/vpos

OkeApp: www.okepartners.com

Oke Travel Club: www.oke-travel.com

OkToken: oktoken.biz

Readies: www.readies.biz

Neckermann: www.neckermanndirect.eu

Two Percent: www.twopercent.hk

Fligro: www.fligrofood.com

RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.

For further information please contact RHCO at info@readenholdingcorp.com

or +852 3950 5911

The RHCO corporate email address is info@readenholdingcorp.com

The RHCO corporate website can be accessed at www.readenholdingcorp.com

The RHCO Twitter account can be accessed at https://twitter.com/readenrhco

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.

Contact

Readen Holding Corp.

info@readenholdingcorp.com

+852 3950 5911

Readen Holding Corp., RHCO announcement