Happy City Holdings announced that Ms. Suk Yee, Kwan resigned as Chief Executive Officer and Executive Director on October 21, 2026, effective October 31, due to personal reasons. The Board appointed Mr. Feng Wang as the new CEO on the same date, also effective October 31. Mr. Wang will not receive additional compensation for his role as CEO; he continues to be paid an annual salary of HK$180,000 (approximately US$22,951) in his capacity as Chair of the Board and Executive Director under a separate agreement dated September 14, 2026. Ms. Kwan confirmed there are no disagreements with the Company or its management regarding her departure. Happy City Holdings Limited operates in the real estate development sector.
