Management ChangeJun 1, 2026, 04:15 PM
Mint Inc Ltd Director Lo Chanii Kam Resigns; New Compensation Chair Appointed
AI Summary
Mint Incorporation Limited announced the resignation of Ms. Lo Chanii Kam from her position as an independent director, effective May 31, 2026. Ms. Kam also stepped down as Chair of the Compensation Committee and a member of the Audit and Nominating Committees to pursue other business commitments, with no disagreements cited. Following her departure, the Board will comprise five directors, maintaining compliance with Nasdaq's Majority Independent Board requirements. Concurrently, Mr. Xunze (Tyler) Xiu, a current independent director, was appointed as the new Chair of the Compensation Committee, effective June 1, 2026.
Key Highlights
- Ms. Lo Chanii Kam resigned as an independent director of Mint Inc Ltd.
- Ms. Kam's resignation was effective May 31, 2026, to pursue other business commitments.
- She also resigned as Chair of the Compensation Committee and a member of the Audit and Nominating Committees.
- Her resignation did not result from any disagreement with the company.
- The Board accepted Ms. Kam's resignation on May 18, 2026.
- The Board will now consist of five directors, with three independent directors.
- Mint Inc Ltd will continue to satisfy Nasdaq's Majority Independent Board requirements.
- Mr. Xunze (Tyler) Xiu was appointed Chair of the Compensation Committee, effective June 1, 2026.
Price Impact
More from MIMI