YY Group Holding Appoints New Independent Director

YY Group Holding Limited Class A (YYGH) has released an update.

YY Group Holding Limited has extended an offer to Mr. Chan Yongxian for the position of Independent Director, effective upon the company’s listing on the Nasdaq Capital Market. The agreement is set to commence on June 1, 2024, for a one-year term, with duties including attending meetings and consulting with the board, and offers an annual compensation of USD 18,000. Additionally, the agreement outlines confidentiality terms, non-solicitation, and arbitration procedures in New York under the governance of New York State law.

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