USPACE Executive Director Retirement Dispute

Hong Kong Aerospace Technology Group Limited (HK:1725) has released an update.

USPACE Technology Group Limited has announced the impending retirement of Ms. Ku Ka Lee Clarie from her roles as an executive Director and vice chairman at the upcoming AGM. The company has disclosed a disagreement regarding Ms. Ku’s remuneration, leading to a premature payment made under the belief she would resign, which she has not yet done nor refunded. The situation remains unresolved as the company awaits Ms. Ku’s official resignation letter or the return of the paid sum.

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