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Kwong Luen Engineering Holdings Limited ( (HK:1413) ) has shared an announcement.
FEG Holdings Corporation Limited has strengthened its leadership structure with the appointment of industry veteran Mr. Huang Chengkun as executive director and co-chairperson of the board, effective 5 January 2026. Mr. Huang brings more than 25 years of managerial experience in pharmaceutical distribution, premium wine and fast-moving consumer goods, and will serve under a three-year service agreement with a monthly director’s fee of HK$10,000, aligning remuneration with his experience and market conditions. Concurrently, existing executive director Mr. Yang Zhenwei has stepped down from his co-chairperson role but will remain on the board and continue to serve on the nomination committee, ensuring continuity in senior management. The company has also enhanced its governance and financial oversight by appointing seasoned accounting and audit professional Mr. Wong Kok Hon as an independent non-executive director, adding significant expertise in financial management, internal control and compliance to support the board’s oversight responsibilities.
The most recent analyst rating on (HK:1413) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Kwong Luen Engineering Holdings Limited stock, see the HK:1413 Stock Forecast page.
More about Kwong Luen Engineering Holdings Limited
FEG Holdings Corporation Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 1413. The group operates across multiple industries and uses a board structure that includes executive and independent non-executive directors, reflecting typical Hong Kong-listed corporate governance practices and a focus on regulatory compliance and oversight.
Average Trading Volume: 3,712,120
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$631.4M
See more data about 1413 stock on TipRanks’ Stock Analysis page.