The change of ownership status in the OEM Marsfollowing the approval given on Monday (21.07.2025) by the ESA, to acquire the majority package of the company’s shares by Richard Siao, the Thessaloniki managers have officially announced.
In a statement issued, OEM Aris stresses that the composition of the new Board of Directors of the team will be announced immediately, which will be presented at a press conference on Wednesday (23.07.2025).
The Thessaloniki people reported in their information:
“OEM Aris announces that the Professional Sports Committee (EEA) gave the final approval for the transfer of 90% of the company’s shares to Black & Yellow Holdings Ltd of Richard Siao, a subsidiary of the RHC Group based in New York.
It is recalled that, by law, AS Mars maintains 10% of the OEM.
CAE Mars enters a new era. Black & Yellow Holdings Ltd, a member of the RHC Group, as a majority shareholder, is committed to supporting Mars with professionalism, long -term vision and respect for the history and values of the club.
The announcement of the new Board of Directors will take place within the week.
The first official presence of the new administration is scheduled to take place at the press conference of all the material, which will take place on Wednesday, July 23 (13: 00-14: 30) in the “Elias Zygouris” hall of Alexandria Mela “.