KGI Financial Holdings Announces Board Change at Subsidiary KGI Limited
Key facts
- KGI Financial Holdings Announces Board Change at Subsidiary KGI Limited
- KGI Limited, a subsidiary of KGI Securities, announces changes in its board of directors: Lin Chun-Cheng resigns, and Lin Chih-Hung and Chiu Yuan-Chen are appointed as new natural person directors.
- Source: PR Times
- Date: June 16, 2026
Direct answer
KGI Limited, a subsidiary of KGI Securities, announces changes in its board of directors: Lin Chun-Cheng resigns, and Lin Chih-Hung and Chiu Yuan-Chen are appointed as new natural person directors.
- Citation
- KGI Financial Holdings Announces Board Change at Subsidiary KGI Limited (June 16, 2026), PR Times
- Source
- PR Times
- Date
- June 16, 2026
KGI Limited, a subsidiary of KGI Securities, announces changes in its board of directors: Lin Chun-Cheng resigns, and Lin Chih-Hung and Chiu Yuan-Chen are appointed as new natural person directors.
📋 Article Processing Timeline
- 📰 Published: June 16, 2026 at 09:00
- 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 18, 2026 at 17:32 (24h 32m after Collected)
1. Date of Change: 115/06/16
2. Category of Personnel Changed (Please specify: corporate director, corporate supervisor, independent director, natural person director, or natural person supervisor): Natural person director.
3. Former Director's Title and Name: Lin Chun-Cheng / Director of KGI Limited.
4. Former Director's Biography: Director of KGI Limited.
5. New Director's Title and Name: Lin Chih-Hung / General Manager of KGI Securities Co., Ltd.; Chiu Yuan-Chen / Senior Deputy General Manager of KGI Securities Co., Ltd.
6. New Director's Biography: General Manager of KGI Securities Co., Ltd.; Senior Deputy General Manager of KGI Securities Co., Ltd.
7. Nature of Change (Please enter 'resignation', 'dismissal', 'end of term', 'deceased', or 'new appointment'): Resignation.
8. Reason for Change: Resignation.
9. Number of Shares Held by New Director at Time of Appointment: Not applicable.
10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable.
11. Effective Date of New Appointment: 115/06/16.
12. Proportion of Directors Changed During Same Term: 2/3.
13. Proportion of Independent Directors Changed During Same Term: Not applicable.
14. Proportion of Supervisors Changed During Same Term: Not applicable.
15. Is the change involving one-third or more of the directors? (Yes or No): Yes.
16. Other Matters to be Clarified (If the subject of this event or resolution is a publicly issued company or above, this material information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices): The resignation of the former director becomes effective on June 17, 115. KGI Limited is a company registered in the British Virgin Islands, and its articles of association do not stipulate director terms.
2. Category of Personnel Changed (Please specify: corporate director, corporate supervisor, independent director, natural person director, or natural person supervisor): Natural person director.
3. Former Director's Title and Name: Lin Chun-Cheng / Director of KGI Limited.
4. Former Director's Biography: Director of KGI Limited.
5. New Director's Title and Name: Lin Chih-Hung / General Manager of KGI Securities Co., Ltd.; Chiu Yuan-Chen / Senior Deputy General Manager of KGI Securities Co., Ltd.
6. New Director's Biography: General Manager of KGI Securities Co., Ltd.; Senior Deputy General Manager of KGI Securities Co., Ltd.
7. Nature of Change (Please enter 'resignation', 'dismissal', 'end of term', 'deceased', or 'new appointment'): Resignation.
8. Reason for Change: Resignation.
9. Number of Shares Held by New Director at Time of Appointment: Not applicable.
10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable.
11. Effective Date of New Appointment: 115/06/16.
12. Proportion of Directors Changed During Same Term: 2/3.
13. Proportion of Independent Directors Changed During Same Term: Not applicable.
14. Proportion of Supervisors Changed During Same Term: Not applicable.
15. Is the change involving one-third or more of the directors? (Yes or No): Yes.
16. Other Matters to be Clarified (If the subject of this event or resolution is a publicly issued company or above, this material information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices): The resignation of the former director becomes effective on June 17, 115. KGI Limited is a company registered in the British Virgin Islands, and its articles of association do not stipulate director terms.
FAQ
What is the board change at KGI Limited?
Lin Chun-Cheng resigned, and Lin Chih-Hung and Chiu Yuan-Chen were appointed as new directors on 115/06/16.
Why is this board change significant?
Two out of three directors changed, indicating a major governance shift within the company.
What kind of company is KGI Limited?
It is a BVI-registered subsidiary of KGI Securities, engaged in international financial services.
What are the new directors' backgrounds?
Lin Chih-Hung is General Manager of KGI Securities; Chiu Yuan-Chen is Senior VP, both with extensive experience.
What caused the board change?
The change resulted from resignation, officially stated as 'resignation' without further details.