FilingReader Intelligence

AM Group Holdings seeks director removal, appoints new independent director

February 26, 2025 at 12:24 PM UTCBy FilingReader AI

AM Group Holdings (HKEX:1849) announced plans to convene an extraordinary general meeting (EGM) on February 26, 2025, to remove Mr. Mu Lei from his position as a director. The proposed removal stems from alleged non-cooperation by Mr. Mu, which the company states has delayed the auditing process of its PRC subsidiaries' 2024 annual results and impacted information availability. Consequently, Mr. Mu will cease to be the co-chairman of the Board, with Ms. Teo Li Lian acting as the sole chairperson of the Board.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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