InterContinental Aerospace Technology Group Limited (the “Company”) announced on 24 May 2024 that all current members of the Board will retire at the Annual General Meeting to be held on 25 June 2024, with the exception of the Executive Director and Ms. Ms. Gowley, the other directors are willing to be nominated for re-election. Ms. Gu will no longer serve as Executive Director and Vice Chairman after the end of the General Meeting. During her discussions with the Company regarding her position, Ms. Koo claimed that the Company had terminated her service and issued a letter of resignation, but the Company denied the intention to terminate her service and stated that the letter of dismissal did not comply with the terms of the...Show More

InterContinental Aerospace Technology Group Limited (the “Company”) announced on 24 May 2024 that all current members of the Board will retire at the Annual General Meeting to be held on 25 June 2024, with the exception of the Executive Director and Ms. Ms. Gowley, the other directors are willing to be nominated for re-election. Ms. Gu will no longer serve as Executive Director and Vice Chairman after the end of the General Meeting. During her discussions with the Company regarding her position, Ms. Koo claimed that the Company had terminated her service and issued a letter of resignation, but the Company denied the intention to terminate her service and stated that the letter of dismissal did not comply with the terms of the Company's Articles of Association. The company has asked Ms. Koo to issue a clear letter of resignation in accordance with the procedures and assumes that she wishes to retire at the Annual General Meeting. As of the date of the announcement, the Company has not received a letter of explicit resignation from Ms. Koo. The Company stated that there was no disagreement with Ms. Koo except on the issue of Ms. Koo's remuneration and that there was no need to bring any questions regarding her retirement to the attention of shareholders and the Exchange.