Business Context and Reporting Period
This Form 6-K filing by Ohmyhome Limited covers the month of February 2025. The report discloses significant changes to the Company's Board of Directors, specifically the resignation of the former Chairman and the appointment of a new Chairman and Director.
Key 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 and does not contain financial performance data.
Material Changes
- Resignation: Mr. Loh Kim Kang David resigned as a director and Chairman of the Board effective January 24, 2025. The resignation was not due to any disagreement with the Company's operations, policies, or procedures.
- Appointment: Ms. Wong Wun Wun Daisy was appointed as a director and Chairman of the Board effective February 10, 2025, following approval by the Board, Nominating Committee, and Compensation Committee.
- Compensation: Ms. Wong is entitled to annual compensation of US$18,000, payable yearly.
Outlook, Risks, and Management Commentary
Management Commentary: The Board highlighted Ms. Wong's extensive background in project management and business strategy, including her tenure as CEO of Fu Kwan Warehouse Co., Ltd. and Executive Director at ZOG Group Limited. She holds a Bachelor's Degree from The University of British Columbia.
Risks and Contingencies: The filing notes that Ms. Wong has no family relationship with other directors or officers and has not been involved in reportable transactions with the Company in the past two years. The appointment term continues until a successor is elected, with annual re-appointment required by the Board.
Investor Verification Checklist
- Verify the effective dates of the leadership transition (Jan 24, 2025, for resignation; Feb 10, 2025, for appointment).
- Review the attached Exhibit 10.1 for the complete text of the Director Offer Letter.
- Confirm the annual compensation structure of US$18,000 for the new Chairman.
- Monitor future filings for the impact of this leadership change on strategic direction, as no financial guidance is provided in this document.