Majic Wheels Corp. Announces Resignation of David Chong and

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HOUSTON, TEXAS, Oct. 18, 2022 (GLOBE NEWSWIRE) — Majic Wheels Corp. (OTC: MJWL), a Wyoming-based holding firm priming itself as a mainstay within the disruptive tech house by way of strategic mergers and acquisitions, has as we speak introduced that its board of administrators has accepted the resignation of David Chong as CEO, efficient instantly.

The board has appointed Sathyanandham (‘Sathya’) Anguswami as CEO, efficient instantly. Sathya is a technocrat and veteran fund supervisor, with over 30 years’ expertise in India, UAE, and US fairness markets, in addition to in Global Currency and Commodities F&O markets. He has managed a $100 million proprietary fund, and is a FINRA Series 3 skilled, and a DIFX Certified Trading Manager.

“I look forward to working closely with our board of directors, executive team, and all of our employees to achieve our strategic goals,” stated Mr. Anguswami. “Since joining the company in 2021, I have been involved in all facets of the business and am more confident than ever in Majic Wheels’ potential. We would like to thank David for his time at Majic Wheels, and wish him every success in his future endeavours.”

Speaking of his departure, David commented: “I have enjoyed my time at Majic Wheels immensely. I have worked with some of the greatest minds in the industry, and we have achieved many great results. But all good things come to an end, and now I leave Majic in safe hands so I can pursue new interests. I wish the team every success in the future, and look forward to observing Majic’s continued growth.”

For extra on Majic Wheels Corp., please confer with its web site: https://majiccorp.co/. Its Twitter— https://twitter.com/MajicCorp – can be a useful useful resource for breaking information and updates.

About Majic Wheels Corp.
Majic Wheels Corp., listed and traded on the Over-the-Counter Market (OTC) beneath the buying and selling image “MJWL”, is a Wyoming holding company positioning itself as an influence participant in superior, disruptive industries like Fintech, Insuretech, software program improvement, and crypto by way of considerate and assorted acquisitions. Composed of a crew with a number of a long time’ value of expertise and numerous backgrounds that grant them matchless perception and evaluation capabilities, Majic intends to be two steps forward of the fast-paced, ever-changing, aggressive crypto market.
  
For further data on Majic Wheels Corp., please confer with the corporate’s web site:
https://majiccorp.co/

SAFE HARBOR STATEMENT
This press launch accommodates forward-looking statements that may be recognized by terminology resembling “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or comparable expressions. Many forward-looking statements contain identified and unknown dangers, uncertainties, and different elements which will trigger precise outcomes to be materially completely different from any future outcomes implied by such statements. These elements embody, however aren’t restricted to, our capability to proceed to reinforce our merchandise and methods to handle business modifications, our capability to increase our buyer base and retain current prospects, our capability to successfully compete in our market section, the shortage of public data on our firm, our capability to lift enough capital to fund our business, operations, our capability to proceed as a going concern, and a restricted public marketplace for our frequent inventory, amongst different dangers. Many elements are troublesome to foretell precisely and are usually past the corporate’s management. Forward-looking statements communicate solely as to the date they’re made, and we don’t undertake to replace forward-looking statements to replicate circumstances or occasions that happen after the date the forward-looking statements are made.

SOURCE: Majic Wheels Corp.

For additional particulars, please contact:

Email: [email protected]





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