Happy City Holdings Limited announced that the board accepted the resignation of Mr. Yiu Wai Ming as an independent director and chair of the compensation committee, effective August 31, 2026. The resignation was due to other professional commitments and not related to any disagreement with management or operations. Following this departure, the board consists of five directors, including three independent directors, maintaining compliance with Nasdaq listing rules. Mr. Kwok Ho Pan will assume the role of chair of the compensation committee on the same effective date. The company operates in the real estate development and investment industry.
