AGILE GROUP (03383.HK): appoints Lo Ka Ki as Independent Non-Executive Director and Audit Committee Chairman, re-complies with Listing Rules
NewTimeSpace News: On 19 August 2026, Agile Group Holdings Limited (stock code: 03383) announced that Mr. Lo Ka Ki has been appointed as an Independent Non-Executive Director, Chairman of the Audit Committee, and a member of each of the Remuneration Committee, Nomination Committee and Risk Management Committee, effective 19 August 2026. Mr. Lo, aged 47, has over 20 years of professional experience in audit, accounting and corporate management, currently serving as managing director and director of two accounting firms headquartered in Hong Kong, and as an independent non-executive director of Wai Yuen Holdings (08021.HK), China Smart Energy Group (01004.HK) and China Evergrande New Energy Vehicle Group (00708.HK).
According to the announcement, Mr. Lo has an initial term of three years with an annual directors' fee of HKD 180,000. The appendix to the announcement discloses that the Accounting and Financial Reporting Council took disciplinary action on 10 March 2026 against Zhongzhixin (Hong Kong) CPA Limited and two related practitioners (including Mr. Lo) for failing to comply with statutory registration requirements and auditor independence requirements, publicly reprimanding them and imposing a fine of HKD 35,000 on Mr. Lo; after evaluation, the Board considers Mr. Lo suitable for the position as the matters do not involve fraud, dishonesty or integrity issues, and Mr. Lo possesses extensive professional knowledge and practical experience in accounting, auditing and corporate management.
Following Mr. Lo's appointment, the Company has re-complied with Rule 3.10(1) (minimum number of independent non-executive directors), Rule 3.10(2) (independent non-executive directors with appropriate professional qualifications) and Rule 3.21 (composition of the audit committee) of the Listing Rules.
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