HWH International Inc. CEO Resigns; New Chairman and CEO Appointed

What Happened

• HWH International Inc. filed an 8-K on September 1, 2026, reporting that Chan Heng Fai resigned as Chairman and Chief Executive Officer but will remain a director.
• The board appointed Liu Ming Hui as Chairman and Liu Ming Xing as Chief Executive Officer. Both Liu Ming Hui and Liu Ming Xing joined the board on August 10, 2026. A press release was issued the same day.

Key Details

• On August 10, 2026, HWH sold Smart Dynamics Technology Limited 20,000,000 shares of common stock and warrants to purchase up to 160,000,000 shares for a total purchase price of $10,000,000.
• Smart Dynamics is the Company’s majority stockholder and, under an amended Securities Purchase Agreement, was granted the right to appoint three directors; the appointees are Liu Ming Hui, Liu Ming Xing, and Liu Chang (Cathy).
• Relationships: Liu Ming Hui (age 63) is the owner of Smart Dynamics and a long‑time executive at China Gas Holdings; Liu Ming Xing (age 53) is his brother and serves as Chief Economist and Executive Director at China Gas. Liu Chang is Liu Ming Hui’s daughter and a board member.

Why It Matters

• Leadership change: A new Chairman and CEO installed by the Company’s majority stockholder could affect strategic direction, governance, and priorities. For investors, this is a material management change to monitor.
• Ownership and control: The August 10 securities sale gave Smart Dynamics board‑appointment rights and majority ownership, clarifying who controls board nominations and may influence future decisions, financing, or transactions.
• Next steps for investors: Watch for statements of strategic plans, any changes to management team or corporate strategy, and updated disclosures or filings following the new leadership’s actions.