Posted 20 November, 2023
KING RESOURCES, INC. appointed new CEO
CEO Change detected for ticker OTC:KRFG in a 8-K filed on 20 November, 2023.
Effective November 20, 2023, LAU Ping Kee was removed from his position as Chief Financial Officer of King Resources, Inc. (the "Company"). Concurrently therewith, FU Wah, the Company's Chief Executive Officer, Secretary and Director, was appointed to serve as the Chief Financial Officer and fill the vacancy caused by Mr Lau's removal.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of KING RESOURCES, INC.
Companies on the Energy Service • Upstream Oil & Gas
King Resources, Inc. Engages in the development of smart power supply solutions and products and Hong Kong through its subsidiaries. The company was founded by Norris R. Harris on February 1, 1984 and is headquartered in Hong Kong.Market Cap
$1.65M
View Company Details
$1.65M
Relevant filing section
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective November 20, 2023, LAU Ping Kee was removed from his position as Chief Financial Officer of King Resources, Inc. (the "Company"). Concurrently therewith, FU Wah, the Company's Chief Executive Officer, Secretary and Director, was appointed to serve as the Chief Financial Officer and fill the vacancy caused by Mr Lau's removal. Mr. Lau continues to serve as a director of the Company. The removal and new appointment was approved by the Board of Directors on November 20, 2023. The removal of Mr. Lau was due to his unavailability to perform the functions of and fulfill his obligations as a chief financial officer of a publicly listed company.
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