Noticias y eventos de HWH International Inc (HWH)HWHHWH International Inc

HWH International Changes Leadership: Chan Heng Fai Resigns as Chairman and CEO

HWH International announced a transition in its executive leadership. Chan Heng Fai, the Company's Chairman of the Board and CEO, will step down from both positions, to be succeeded by Liu Ming Hui as Executive Chairman and Liu Ming Xing as CEO, effective September 1. Chan has served as HWH's Chairman since 2021 and has led the Company since its formation, through its Nasdaq listing and its most recent strategic financing. Citing his age and other personal commitments, Chan will step down as Chairman and CEO while continuing to serve as a director of the Company. Over a business career spanning more than 50 years, Chan has built, rescued, or transformed more than 35 companies across banking, finance, real estate and various industries, including American Pacific Bank and Global Medical REIT in the U.S., among others. Liu Ming Xing will become CEO. Liu currently serves as Chief Economist, Chairman of the Strategic Development Committee, and an Executive Director of China Gas Holdings, where he has served as a director since 2014. He brings deep expertise in economics, finance, and public policy, having provided policy consulting to the World Bank, the Organisation for Economic Co-operation and Development, UNESCO, and the United Kingdom's Department for International Development.

HWH International announces 1-for-5 reverse stock split

HWH International announced a 1-for-5 reverse stock split of the Company's common stock to become effective at 9:00 a.m. on February 24, 2025. The Company's common stock is expected to begin trading on a split-adjusted basis when the markets open on February 24, 2025, under the existing trading symbol "HWH." The reverse stock split is primarily intended to bring the Company into compliance with the minimum bid price requirements for maintaining its listing on the Nasdaq Capital Market. The new CUSIP number following the reverse stock split will be 44852G309.

HWH International, Sharing Services furthers collaboration in robotics field

HWH International and its partner Sharing Services Global Corporation are taking further steps in their collaboration in the robotics field. Among these, HWH is proud to highlight its U.S. based partner SHRG's membership in the Association for Advancing Automation and attendance at the A3 Business Forum in Orlando Florida in January 2025. As HWH's U.S. partner, SHRG commences its launch in the first quarter of 2025 to distribute robotics throughout the U.S. in several different sectors, membership in this organization is important for access to the top speakers, contacts and experts in the industry. HWH and SHRG share an optimism that the integration of robots into diverse areas of everyday life will offer growth opportunities to businesses that engage with the industry to find new collaborations.