Golden Leaf International Group Limited disclosed a board reshuffle effective 6 August 2026, marked by the resignation of Independent Non-Executive Director (INED) Cheung Kwong Tat and the simultaneous appointment of Chan Kai Chung as an INED.
Cheung Kwong Tat’s departure ends his roles as Chairperson of the Nomination Committee and member of both the Audit and Remuneration Committees. The resignation is attributed to personal and business commitments. Cheung confirmed no disagreement with the board and no matters requiring shareholder or Stock Exchange attention.
Replacing him, Chan Kai Chung, aged 47, joins the board as INED, becomes Chairperson of the Nomination Committee, and assumes membership on the Audit and Remuneration Committees. Chan brings over 24 years of auditing, accounting, and risk-consulting experience, including senior positions at Ascent Partners Corporate Service Limited, Moore Advisory Services Limited, and BDO Financial Services Limited. He currently also serves as an INED of KNT Holdings Limited and Anhui Huaheng Biotechnology Co., Ltd.
Chan holds a Bachelor of Arts in Accountancy from The Hong Kong Polytechnic University and is a fellow of The Association of Chartered Certified Accountants. Additional professional credentials include Certified Internal Auditor and certification in Risk and Information Systems Control.
Under a three-year letter of appointment, Chan will receive HK$10,000 per month, subject to annual review by the Remuneration Committee. He meets all independence criteria under GEM Listing Rule 5.09 and confirms no shareholding or related-party connections with the company.
Following these changes, the board comprises three executive directors—Ip Kam Yik, Lui Kwok Kit, and Ip Tsz Kwan—and three independent non-executive directors—Wong Chun Kat, Lin Wai Chong, and Chan Kai Chung.
Comments