Pak Tak Chairman, CEO Step Down; Shareholder's Father Succeeds in Both Roles

MT Newswires Live

2025/05/22

Pak Tak (HKG:2668) Chairman Liao Nangang stepped down effective Wednesday, citing the need for more time for his other business commitments.

Chief Executive Officer Qian Pu also resigned, citing a need for more time for other commitments, according to a Wednesday filing with the Hong Kong bourse.

Wu Zongchuan will succeed Liao as chairman and chief executive officer of the non-ferrous metals and construction materials trader.

The new chairman and CEO is the father of shareholder Wu Qi, who holds 950 million shares or 16.87% of the company.

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