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Veson Holdings Announces Director Resignation Amid Legal Proceedings

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Veson Holdings Announces Director Resignation Amid Legal Proceedings

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Veson Holdings Limited ( (HK:1399) ) has provided an update.

Veson Holdings Limited announced the resignation of Dr. Loke Yu from his position as a non-executive director and member of the corporate governance committee, effective March 17, 2025. This decision follows legal proceedings initiated by the Securities and Futures Commission against Dr. Loke and other former directors of 3DG Holdings for alleged breaches of duty. Dr. Loke has decided to step down to prioritize the company’s interests, despite having no disagreements with the board.

More about Veson Holdings Limited

YTD Price Performance: 12.30%

Average Trading Volume: 130,428

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$228.9M

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