Nexion Technologies Limited (NEXION TECH) announced that, effective 20 May 2026, Mr. Yeung Chun Yue David has resigned as an independent non-executive director (INED) due to other business and personal commitments. Concurrently, Mr. Yeung stepped down from his roles on both the Audit Committee and the Remuneration Committee. The resignation was amicable, with Mr. Yeung confirming no disagreements with the Board and no matters requiring shareholder attention.
Effective the same day, Mr. Ying Kan Man has been appointed as an INED and will join the Audit Committee and the Remuneration Committee. Aged 51, Mr. Ying brings over a decade of experience in the green-building solutions sector and currently serves as an executive director at two GEM-listed firms—Top Standard Corporation (since September 2020) and Luk Hing Entertainment Group Holdings Limited (since April 2024). He holds a Bachelor of Business Administration from The Chinese University of Hong Kong and meets the independence criteria under GEM Listing Rule 5.09.
Mr. Ying has entered into a one-year appointment letter, automatically renewable annually unless either party provides three months’ written notice before term expiry. His annual director’s fee is set at HK$0.07 million, determined with reference to the Group’s performance, profitability and prevailing market rates. He holds no shares in NEXION TECH and has no relationships with existing directors, senior management, or substantial shareholders.
Following these changes, the Board consists of two executive directors—Mr. Kenneth Vun (Chairman) and Mr. Ong Gim Hai—and three independent non-executive directors—Ms. Lim Joo Seng, Mr. Lynch Stephen Joseph Chor and Mr. Ying Kan Man.
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