Pheton Holdings Ltd. announced that Edward C Ye has resigned as independent director, effective immediately, due to personal reasons. Richard Wee Yong Seow has been appointed as the new independent director and will also join the Audit Committee, Nomination and Corporate Governance Committee, and Compensation Committee. Richard Wee Yong Seow will serve as chair of the Compensation Committee, while Swee Leng Seng will become chair of the Audit Committee.
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