Management ChangeJun 12, 2026, 07:31 AM
Wellchange Holdings Appoints Lau Yun Chau & Lau Chun as Independent Directors
AI Summary
Wellchange Holdings Company Limited announced the appointment of two independent directors, Mr. Lau Yun Chau and Mr. Lau Chun, effective June 10, 2026. Mr. Lau Yun Chau, who previously served on the board, brings over 8 years of advertising industry experience and will receive US$7,000 annually. Mr. Lau Chun, with over 30 years in financial leadership and corporate governance, will receive US$18,000 annually. Both appointments ensure the board maintains a majority of independent directors, aligning with Nasdaq Listing Rules.
Key Highlights
- Wellchange Holdings appointed Mr. Lau Yun Chau as an independent director, effective June 10, 2026.
- Mr. Lau Yun Chau previously served as an independent director from October 2024 to February 2026.
- Mr. Lau Yun Chau will receive annual compensation of US$7,000 for his services.
- Wellchange Holdings appointed Mr. Lau Chun as an independent director, effective June 10, 2026.
- Mr. Lau Chun has over 30 years of experience in financial leadership and corporate governance.
- Mr. Lau Chun will receive annual compensation of US$18,000 for his services.
- The Board determined both new directors are independent under Nasdaq Listing Rules.
- The company's board continues to be composed of a majority of independent directors.
Price Impact
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