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Reliance Global Holdings Announces Major Leadership and Shareholder Changes

Story Highlights
  • Reliance Global Holdings sees a shift in shareholder structure as Ms. Wang sells her stake.
  • Ms. Wang resigns from key roles, with Ms. Yiu Wai Yee, Catherine taking over as Chairlady.
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Reliance Global Holdings Announces Major Leadership and Shareholder Changes

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The latest update is out from Reliance Global Holdings Limited ( (HK:0723) ).

Reliance Global Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced significant changes in its shareholder structure and executive leadership. Ms. Wang Jingyu has sold her entire shareholding in Champion Alliance Enterprises Limited to Able King International Group Limited, making Mr. Yang Zheng and Able King substantial shareholders. Consequently, Ms. Wang has resigned from her roles as Executive Director, Chairlady of the Board, and Chairlady of the Executive Committee, with Ms. Yiu Wai Yee, Catherine stepping up as the new Chairlady of the Executive Committee. These changes indicate a strategic shift in the company’s leadership and ownership, potentially impacting its future direction and stakeholder relations.

More about Reliance Global Holdings Limited

YTD Price Performance: 1.74%

Average Trading Volume: 1,639,569

Technical Sentiment Signal: Buy

Current Market Cap: HK$256M

See more data about 0723 stock on TipRanks’ Stock Analysis page.

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