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ANKAM Inc. reported that its board appointed Wang Sheng-Horng and Huang Yu Liang as executive directors and Lau Pak Kin Patric as a non-executive director, effective February 13, 2026. All three bring experience in finance, corporate governance, operational leadership, and statutory supervision across Asian financial and industrial companies.
The board determined that the new directors are not independent under OTC Markets Group governance standards due to specific relationships that could affect independent judgment. Each new director entered into a director agreement and will receive a cash fee of $5,000 per month for board service, reflecting a standardized compensatory arrangement.
Ankomn, Inc.
Ankomn states that T&E Global is not its subsidiary, division, or core business unit and that there are no current formal business relationships, contracts, or transactions between the two companies. It notes that Mr. Wang Wen Lung, Ankomn’s President, CEO, CFO, and Director, owns 71.05% of Ankomn’s outstanding shares and 30.4% of T&E Global’s outstanding shares.
The filing describes only preliminary, non-binding discussions for a potential software services agreement with T&E Global and emphasizes that there is no assurance of a definitive deal. Ankomn highlights strict related-party protocols, including Mr. Wang’s recusal from negotiations, board oversight, and a formal Related Party Transaction Policy aimed at managing conflicts and governance risks.
ANKAM, Inc. (ANKM) filed its quarterly report for the period ended August 31, 2025. The company reported no revenue in the quarter and a net loss of $60,551, reflecting cost of services without sales and ongoing operating expenses. Year to date, ANKAM generated revenue of $240,000 with a net loss of $15,445, a narrower loss versus the prior year.
Liquidity remains tight: cash was $23,767 at August 31, 2025. Total liabilities were $620,186, including a related‑party loan of $449,338 and amounts due to a director of $50,932. Stockholders’ deficit was $(339,554). The company disclosed a going concern uncertainty and said it may rely on additional investment capital.
Operationally, expenses decreased year over year due to lower director fees and server costs, and amortization remained steady. Shares outstanding were 4,558,063 as of August 31, 2025. Management concluded disclosure controls and procedures were not effective; no material legal proceedings were reported.