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Kwong Luen Engineering Holdings Limited ( (HK:1413) ) just unveiled an announcement.
FEG Holdings Corporation Limited has announced that executive director and co-chairperson of the board, Mr. Huang Chengkun, resigned with effect from 7 May 2026 to focus on other business engagements and personal commitments, with the company stating there is no disagreement with the board or issues requiring shareholder attention. Following his departure, the board has re-designated Mr. Yang Zhenwei back as co-chairperson, ensuring continuity in the Group’s leadership structure and signalling a stable governance transition for investors and other stakeholders.
The board expressed its gratitude to Mr. Huang for his contributions during his tenure, while confirming the broader composition of the executive and independent non-executive directors who remain in place. By reaffirming the leadership lineup and promptly filling the co-chairperson role, the company aims to maintain confidence in its oversight framework and mitigate potential uncertainty arising from the change at the top.
More about Kwong Luen Engineering Holdings Limited
FEG Holdings Corporation Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, operating through a group structure with executive and independent non-executive directors overseeing its governance. The Group’s board leadership is organised around co-chairpersons, reflecting a shared chair role at the top of its corporate hierarchy.
Average Trading Volume: 1,237,646
Technical Sentiment Signal: Sell
Current Market Cap: HK$162.4M
For detailed information about 1413 stock, go to TipRanks’ Stock Analysis page.