Exobox Technologies Corp. announces change in majority shareholder and appointment of new chairman
Exobox Technologies Corp. has announced a change in majority ownership, with Ms. Huang Fang now being the primary shareholder and serving as chairman. The board has also resolved to rename the company to Chung Kam Run Yin Investment Group Limited, pending approval from the Financial Industry Regulatory Authority (FINRA). This move indicates a shift in the company's direction and aims at enhancing its market position.
- Change in majority shareholder to Huang Fang, potentially strengthening leadership.
- Renaming the company may reflect a fresh strategic direction.
- Uncertainty regarding FINRA's approval may delay the name change.
- Transition may raise concerns about continuity and operational changes.
BEIJING, Dec. 30, 2021 /PRNewswire/ -- The board of directors of Exobox Technologies Corp. (hereinafter referred to as "EXBX") is pleased to announce that the majority shareholder of EXBX has been changed to Ms. Huang Fang, who is also the current chairman and director of EXBX.
In addition, all members of the EXBX board of directors resolved to change the company name of EXBX to Chung Kam Run Yin Investment Group Limited, and have filed an application with the Financial Industry Regulatory Authority (FINRA) to facilitate the change. The name change will not take effect until FINRA has finished processing the application and has no further questions or comments for the Company.
This rename resolution not only marks a new phase in the listing process, but also represents that the company is moving towards a great success.
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SOURCE Chung Kam Run Yin Investment Group Limited
FAQ
What is the recent majority shareholder change in EXBX?
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Who is Huang Fang in relation to EXBX?
