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Dreamland Limited reports a planned change in its finance leadership. Chief Financial Officer Leung Tak Shun resigned for personal reasons effective August 23, 2025, and the company states the departure did not involve any disagreement over operations, policies or procedures.
The Nomination Committee proposed Lee Wai Kit as the new Chief Financial Officer on August 15, 2025, and the Board approved this appointment on August 23, 2025. Mr. Lee has over 12 years of auditing and accounting experience, including roles at a mid-tier CPA firm, KPMG Hong Kong as Audit Manager, and Grandlink CPA Limited as Associate Director, working with companies listed in Hong Kong and the United States.
Under his employment agreement dated August 15, 2025, Mr. Lee will receive an annual base salary of HK$600,000 for an initial one-year term that automatically renews for additional one-year periods, with either party able to terminate employment on 30 days’ notice. The company notes that Mr. Lee has no family relationships with directors or executive officers and no related party transactions requiring disclosure.
Dreamland Limited filed a Form S-8 to register 6,000,000 Class A Ordinary Shares, par value US$0.00001, for issuance under its Amended and Restated 2025 Equity Incentive Plan. This total includes 268,000 Class A Ordinary Shares that were not previously registered under the company’s earlier Form F-1 registration statements.
On August 18, 2025, the board of directors approved the amended and restated plan, increasing the maximum aggregate number of shares that may be issued under it to 6,000,000. The filing also incorporates by reference the company’s existing Exchange Act reports and prior registration statements and confirms indemnification protections for directors and officers under Cayman Islands law, subject to Securities Act limitations.