Magic Empire Global announces board changes

Published 07/05/2025, 14:32
Magic Empire Global announces board changes

Magic Empire Global Ltd (02 Finance), a finance services company, has reported changes to its board of directors, according to an SEC filing on May 7, 2025. Mr. Yiu Sing Chan has resigned from his position as an independent director, including his roles as the chairman of the Audit Committee and a member of both the Compensation Committee and Nominating and Corporate Governance Committee. His resignation was for personal reasons and not due to any disagreements with the company’s practices or leadership.

Following Mr. Chan’s departure, the board has appointed Ms. Jessica Hung as an independent director. Ms. Hung will also serve as the chairlady of the Compensation Committee and as a member of the Audit Committee and Nominating and Corporate Governance Committee. She meets the Nasdaq Stock Market independence requirements.

Ms. Hung, 34, brings over nine years of experience in securities trading and private equity investments. She has been an assistant to the chief executive officer and a part-time account executive at Bradbury Asset Management (Hong Kong) Limited since November 2016. Additionally, since August 2018, she has been a licensed representative for type 1 (dealing in securities) regulated activity under the Securities and Futures Ordinance of Bradbury Securities Limited, where she primarily advises on securities investments. Ms. Hung holds a higher diploma in interior design from the Vocational Training Council of Hong Kong and a master of science in international real estate from the Royal Agricultural University in the United Kingdom (TADAWUL:4280).

The company clarified that Ms. Hung has no familial ties with any executive officers or directors of the company, nor has she been involved in any material transactions with the company or its subsidiaries in the past two years.

The board’s committees have been re-designated following these changes. The information disclosed in the Form 6-K is furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as expressly set forth in such filing. This announcement is based on the company’s recent SEC filing.

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