Business Context and Reporting Period
This Form 6-K filing by Integrated Media Technology Limited is dated November 9, 2022. The report discloses a material change in the composition of the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes.
Material Changes
- Resignation: Dr. Heming Cui resigned as an independent non-executive director, Chairman of the Audit Committee, and member of the Nomination and Remuneration Committee, effective November 9, 2022.
- Succession: Mr. Zhongqing Yang was appointed to replace Dr. Cui as Chairman of the Audit Committee, effective November 9, 2022.
- Reason for Departure: The Board confirmed the resignation was not due to any disagreement with the Company regarding its operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The document is limited to the announcement of the director's resignation and the Board's appreciation for Dr. Cui's contributions.
Key Facts for Investor Verification
- Confirm the effective date of Dr. Cui's resignation (November 9, 2022).
- Verify Mr. Zhongqing Yang's new role as Chairman of the Audit Committee.
- Note that the departure was not linked to operational or policy disagreements.
- Check subsequent filings for any further changes to the Board or Audit Committee composition.