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Top Wealth Group Holding Ltd (NASDAQ:TWGH) announced that effective June 30, 2025, Ms. Phei Suan Ho resigned from her roles as independent director, chairwoman of the Audit Committee, and member of both the Nominating and Compensation Committees. According to a statement included in a press release, Ms. Ho’s resignation was for personal reasons and not due to any disagreement with the company.
The company’s Board of Directors approved the appointment of Mr. Kai Yin Wong as independent director, chairman of the Audit Committee, and member of the Nominating and Compensation Committees, filling the vacancy left by Ms. Ho. The company stated that Mr. Wong meets the independence requirements of the Nasdaq Stock Market.
Mr. Wong, age 44, has more than 19 years of experience in accounting and auditing. His previous roles include assistant audit manager at Asiapac CPA & Company from 2006 to 2016, internal control manager at Petrochemicals Group Limited from 2016 to 2018, and audit manager at Centurion ZD CPA & Co. from 2018 to 2024. Since 2024, he has served as audit manager at The Dawn CPA Limited, overseeing audit work for US initial public offering projects.
The company reported that Mr. Wong has no family relationships with any executive officers or directors of Top Wealth Group Holding Ltd. There have been no transactions involving Mr. Wong and the company or its subsidiaries in the past two years in which he had a direct or indirect material interest.
This information is based on a statement provided in a press release and included in the company’s recent SEC filing.
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