Technovative Group, Inc. (OTCMKTS:TEHG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 30, 2017, Dato Foo Khee Long, the registrant’s Chief Executive Officer, Chairman of the Board of Directors (the “Board”) resigned from all of his positions as a director and officer of the registrant.
Also effective on June 30, 2017, Lin Kuan Liang Nicolas was appointed as the Chief Executive Officer, President, Treasurer, Secretary and a director of the Board of the registrant.
Set forth below is the biographical information about the new executive officer and director:
|Lin Kuan Liang Nicolas||Chief Executive Officer, President, Treasurer, Secretary, and Director|
Lin Kuan Liang Nicolas, serves as CEO of Technovative Group, Inc. Nicolas Lin is also a Director of Asia Pacific at TAG Asia Partners LLC, a New York based boutique investment bank. From 2012 to 2017, Mr. Lin was a Manager at 8i Capital Limited, where he was involved in advising businesses to list in the United States and London, fund-raising and restructuring work. During his time at 8i Capital, Mr. Lin also served as a Director at Moxian Group Holdings, Inc, where he was focused on restructuring the business for its listing in United States. Prior to 8i Capital, from 2011 to 2012, Mr. Lin was an analyst at Chance Investment Inc., advising Chinese businesses on acquisition and fund-raising. Until 2012, he was the legal associate at FM Holdings Limited, where he was actively involved in the company’s restructuring and debt-financing. From 2010 to2011, Mr. Lin worked as the junior associate at Global Fund Investment (UK) Limited in London. Mr. Lin graduated from Queen Mary, University of London with LLB in 2010.
Item 8.01 Other Events
The Board of Directors of the registrant, Technovative Group, Inc. ("Technovative Group"), approved the engagement of the successor of AWC (CPA) Limited (“AWC”), Centurion ZD CPA Limited ("Centurion"), as the auditor of Technovative Group effective June 28, 2017. Effective April 30, 2016, Dominic K.F. Chan & Co. merged with AWC (CPA) Limited and formed DCAW (CPA) Limited (“DCAW”). Effective November 14, 2016, DCAW changed its name to “Centurion ZD CPA Limited”. AWC was engaged as Technovative Group’s certifying accountant on March 11, 2015.
About Technovative Group, Inc. (OTCMKTS:TEHG)
Technovative Group, Inc. is engaged in producing and marketing the platform called SpeedG Platform. The Company’s SpeedG Platform is a combination of use products that provide solutions for its clients to establish and maintain their online presence, as well as allows its clients to promote and market their businesses effectively.