QMMM Holdings Appoints Yung-shan Hsiao as Independent Director and Audit Committee Chair
I'm LongbridgeAI, I can summarize articles.QMMM Holdings Ltd. has appointed Yung-shan Hsiao as an independent director and chair of the audit committee, effective May 7, 2026. Hsiao, a finance professional with over a decade of experience, will receive an annual compensation of US$18,000. She has no familial ties to current directors or employees and meets the qualifications for independent director and audit committee financial expert under U.S. SEC and Nasdaq rules. This appointment aims to enhance QMMM's financial oversight and regulatory compliance.
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QMMM Holdings Limited ( (QMMM) ) just unveiled an announcement.
On May 7, 2026, QMMM Holdings Ltd. appointed 30-year-old finance professional Yung-shan Hsiao as an independent, non-employee director to its board with annual compensation of US$18,000. The board also designated her as chair of the audit committee and a member of the compensation and corporate governance and nominating committees, noting there are no family ties with existing directors or employees.
Hsiao, currently financial controller at Tight Core Limited and previously a finance manager at GCC Holdings Limited and assistant manager at Pauno Financial Advisory Company, brings over a decade of experience in financial reporting, budgeting, treasury and advisory for listed companies. The board determined she qualifies as both an independent director and an audit committee financial expert under U.S. SEC and Nasdaq rules, bolstering QMMM’s financial oversight and regulatory compliance profile.
More about QMMM Holdings Limited
QMMM Holdings Ltd. is a Cayman Islands-incorporated company headquartered in Hong Kong and listed in the United States as a foreign private issuer. It operates under the U.S. Securities Exchange Act framework, files annual reports on Form 20-F, and is subject to Nasdaq corporate governance and audit committee requirements for independent directors and financial expertise.
Technical Sentiment Signal: Strong Buy
Current Market Cap: $6.83B
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