30-Year-Old Audit Expert Joins OneConstruction Board Amid Leadership Refresh

Rhea-AI Filing Summary

OneConstruction Group announced changes to its Board of Directors on June 13, 2025. Ms. Wai Yan Chan resigned as director and member of multiple committees (audit, compensation, and nominating/corporate governance) citing personal reasons, with no disagreements regarding company operations or policies.

The Board appointed Ms. Suet In Chung, age 30, as independent director to fill the vacancy. She will serve on the same committees and chair the compensation committee. Ms. Chung meets Nasdaq independence requirements and qualifies as an audit committee financial expert. Her background includes:

• Current Auditor at Nortik Partners & Co. (since 2021)
• Previous roles at Privatco CPA Limited (2019-2021) and Robert Chui CPA Limited (2015-2019)
• Higher Diploma in Accounting from The University of Hong Kong

The company confirmed Ms. Chung has no family relationships with company leadership or relevant transactions requiring disclosure under Item 404(a) of Regulation S-K.

Positive

• New independent director Ms. Suet In Chung qualifies as an audit committee financial expert and brings relevant auditing experience from Nortik Partners & Co.

Negative

• The resignation of Ms. Wai Yan Chan from multiple key committee positions (audit, compensation, and nominating) creates temporary governance disruption

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2025

 

Commission File Number: 001-42457

 

OneConstruction Group Limited

 

Unit 11, 5/F,

Tower 1, Harbour Centre

1 Hok Cheung Street,

Hunghum, Kowloon

Hong Kong

+852 2123 8400

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒       Form 40-F ☐

 

 

 

 

 

Departure and Appointment of a Director

 

Resignation and Appointment of an Independent Director

 

On June 13, 2025, Ms. Wai Yan Chan notified OneConstruction Group Limited (the “Company”) of her resignation as a director and member of the audit committee, compensation committee and nominating and corporate governance committee, effective June 13, 2025. Ms. Chan has advised that her resignation was due to personal reasons and not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

 

To fill the vacancy created by Ms. Chan’s departure, on June 13, 2025, the board of directors of the Company (the “Board”) appointed Ms. Suet In Chung as an independent director of the Company, a member of each of the nominating and corporate governance committee, audit committee, and compensation committee, and the chairperson of the compensation committee. The Company has determined that Ms. Chung satisfies the “independence” requirements of the corporate governance rules of the Nasdaq Stock Market LLC (“Nasdaq”) and Rule 10A-3 under the Securities Exchange Act of 1934, as amended. The Board has also determined that Ms. Chung qualifies as an audit committee financial expert under the rules of the U.S. Securities and Exchange Commission and as a financially sophisticated audit committee member under the Nasdaq listing rules. The biographical information of Ms. Suet In Chung is set forth below.

 

Ms. Suet In Chung, age 30, has worked as an Auditor at Nortik Partners & Co. since 2021. She worked as an Audit Senior at Privatco CPA Limited from 2019 to 2021 and as an Audit Semi-Senior at Robert Chui CPA Limited between 2015 and 2019. Ms. Chung holds a Higher Diploma in Accounting from The University of Hong Kong School of Professional and Continuing Education.

 

Ms. Chung does not have a family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 20, 2025

 

 	OneConstruction Group Limited
 	 
 	By:	/s/ Ka Chun Gordon Li
 	Name: 	Ka Chun Gordon Li
 	Title:	General Manager

 

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FAQ

Who is the new independent director appointed at ONEG in June 2025?

Ms. Suet In Chung was appointed as an independent director of ONEG on June 13, 2025. She will serve as a member of the nominating and corporate governance committee, audit committee, and compensation committee, and will chair the compensation committee. Ms. Chung, age 30, has worked as an Auditor at Nortik Partners & Co. since 2021 and has previous audit experience at other firms.

Why did ONEG's director Wai Yan Chan resign in June 2025?

Ms. Wai Yan Chan resigned on June 13, 2025, due to personal reasons. The company specifically noted that her resignation was not a result of any disagreement with the Company on any matter related to operations, policies, or practices.

What committees will ONEG's new director Suet In Chung serve on?

Ms. Suet In Chung will serve on three committees: the nominating and corporate governance committee, audit committee, and compensation committee. She has been appointed as the chairperson of the compensation committee. The Board has confirmed she qualifies as an audit committee financial expert under SEC rules and as a financially sophisticated audit committee member under Nasdaq listing rules.

What is Suet In Chung's professional background before joining ONEG's board?

Ms. Suet In Chung has worked as an Auditor at Nortik Partners & Co. since 2021. Prior to that, she was an Audit Senior at Privatco CPA Limited (2019-2021) and an Audit Semi-Senior at Robert Chui CPA Limited (2015-2019). She holds a Higher Diploma in Accounting from The University of Hong Kong School of Professional and Continuing Education.