FSM Holdings Limited (1721) Announces Leadership Transition and Board Committee Changes

Bulletin Express
02/11

FSM Holdings Limited (1721) reported a leadership transition effective 11 February 2026. According to the announcement, the executive Director and Chief Executive Officer, Ms. Wong Yet Lian, resigned to allocate more time to personal commitments. She will maintain a position as a director in certain subsidiaries of the Group.

The Board stated there is no disagreement with Ms. Wong, and expressed appreciation for her contributions. Concurrently, Mr. Zhu Xian Chun has been appointed as an executive Director, a member of the Nomination Committee, a member of the Remuneration Committee, and the Authorised Representative of FSM Holdings Limited, also effective 11 February 2026.

Mr. Zhu has over 20 years of senior management experience at various enterprises in mainland China, including business consultancy, investment direction, and financial control. He holds a service agreement with the Company for an initial three-year term starting from 11 February 2026, subject to rotation and re-election in accordance with the Company’s articles of association and relevant Listing Rules. His monthly remuneration is HK$40,000, determined with reference to qualifications, responsibilities, and market conditions.

The Board extended a warm welcome to Mr. Zhu in joining FSM Holdings Limited and acknowledged Ms. Wong’s service during her tenure as executive Director and Chief Executive Officer.

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