Pan Global Corporation

07/08/2024 | Press release | Distributed by Public on 07/08/2024 17:55

Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Mr. Luk Yuen Leung as Treasurer and Secretary of the Company

On August 4, 2024, the board of directors of Flywheel Advanced Technology, Inc. (the "Company") appointed Luk Yuen Leung as Treasurer and Secretary of the Company, effective immediately, to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer of the Company.

Resignation of Tang Su Fung as Director of Blue Print

On August 5, 2024, Tang Siu Fung notified Blue Print Global, Inc. ("Blue Print"), a British Virgin Islands company and a wholly owned subsidiary of the Company of his resignation as the sole director of Blue Print. The resignation of Mr. Tang does not arise from any disagreement with the Company on any matter relating to its operations, policies, or practices.

Appointment of Mr. Luk Yuen Leung as Director and an Officer of Blue Print

On August 5, 2024, the board of directors of Blue Print appointed Luk Yuen Leung as a director and an officer of Blue Print, effective immediately. Mr. Luk is appointed to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and or director of Blue Print.

Luk Yuen Leung has exclusive experience in management and business development in the Garment and Textile Industry. From 1996 to present, Mr. Luk served as director of Polytex Alliance Ltd., a Hong Kong company, where he is responsible for business development strategy and the department's management. Mr. Luk is also the sole officer and sole director of the Company.

There are no arrangements or understandings between Mr. Luk and any other person pursuant to which he was appointed as a director and an officer of Blue Print. Further, there are no transactions since the beginning of the Company's last fiscal year, or any currently proposed transaction, in which the Company is a participant, the amount involved exceeds $120,000, and in which Mr. Luk had, or will have, a direct or indirect material interest.