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Ming Shing Group Holdings Limited Announces New Director in Form 6-K Report

$MSW
Form 6-K
Filed on: 2024-12-17
Source
Ming Shing Group Holdings Limited Announces New Director in Form 6-K Report

Here are the key insights extracted from the financial report (Form 6-K) of Ming Shing Group Holdings Limited:

  1. Type of Filing: This is a Form 6-K, which is a report of a foreign private issuer to the SEC.
  2. Date of Report: The report is dated December 17, 2024.
  3. Company Information:
  • Name: Ming Shing Group Holdings Limited
  • Address: 8/F, Cheong Tai Factory Building, 16 Tai Yau Street, San Po Kong, Kowloon, Hong Kong.
  • Commission File Number: 001-42418.
  1. Board of Directors Update:
  • The board of directors has increased its size by one member.
  • New Appointment: Mr. Wenjin Li has been appointed as a director, effective December 17, 2024.
  • Age: 45 years old.
  • Experience: Mr. Li has over 20 years of experience in business administration and sales/marketing, holding various managerial positions in different companies.
  1. Independence Status: The board determined that Mr. Li is not independent according to the corporate governance guidelines and Nasdaq standards.
  2. Director Agreement:
  • Mr. Li will receive an annual compensation of $15,000 for his role as a director.
  • The director agreement includes customary duties, confidentiality obligations, and adherence to the company's code of business conduct and ethics.
  1. Biographical Details:
  • Mr. Li's previous roles include:
    • General Manager at Xiamen Zhenghe Xinneng Digital Technology Co., Ltd since 2016.
    • General Manager at FeiQuBuKe (Xiamen) Information Technology Co., Ltd from 2007 to 2016.
    • Vice President at Jinan Dali Food Co., Ltd from 2004 to 2007.
    • Sales Manager at Tsingtao Brewery Group from 2001 to 2004.
  • Education: Bachelor's degree in Business Management from Xiamen University, obtained in 2001.
  1. No Conflicts of Interest: Mr. Li does not have any family relationships with existing officers or directors of the company, and there are no related transactions that need to be reported.
  2. Exhibits: The report includes:
  • Exhibit 10.1: Form of Director Agreement and Indemnification Agreement.
  • Exhibit 99.1: Press Release regarding the addition to the Board of Directors.

This report provides insights into the governance changes at Ming Shing Group Holdings Limited, highlighting the appointment of a new director and the company's adherence to regulatory requirements regarding director independence and compensation.