Sky Solar announces intended formation of independent committee to investigate the conduct of former CEO

Sky Solar Holdings, Ltd. (NASDAQ:SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks today announced that after reviewing certain conduct of its former Chief Executive Officer Mr. Weili Su, its Management Committee intends to recommend to the board that it form a committee to investigate the conduct.  The committee will consist only of independent directors.  The independent committee may recommend further action intended to provide greater transparency to the Company’s shareholders.