---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-24-000145"
form_type: "8-K"
ticker: "VRDR"
cik: "0001506929"
company_name: "VERDE RESOURCES, INC."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:52:41.071859+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Chairman Jack Wong resigns; Joseph Lee appointed Chairman; Board expands from 3 to 7

## Summary
- Jack Wong resigned as Chairman but remains CEO and Director; no disagreements cited.
- Joseph Ambrose Lee appointed Chairman and Director for a one-year term.
- Tay Hong Choon appointed Special Advisor to the Board for a one-year term.
- Board approved bylaw amendment increasing director count from three to seven.

## SEC filing metadata
- accession: 0001640334-24-000145
- form_type: 8-K
- ticker: VRDR
- cik: 0001506929
- company_name: VERDE RESOURCES, INC.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000145/0001640334-24-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000145/vrdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-24-000145
- JSON: https://secwatch.observer/filing/0001640334-24-000145.json
- Plain text: https://secwatch.observer/filing/0001640334-24-000145.txt

## Key facts
- Executive change
  Joseph Ambrose Lee was appointed as Director and Chairman of the Board at VERDE RESOURCES, INC..
  - Action: appointed
  - Role: Director and Chairman of the Board
  source text: Effective January 23, 2024, by resolution of the Board of the Company, Joseph Ambrose Lee was appointed Director and Chairman of the Board for a one (1) year term
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000145/0001640334-24-000145-index.htm
- Executive change
  Jack Wong changed role as Chairman of the Board at VERDE RESOURCES, INC..
  - Action: stepped down
  - Role: Chairman of the Board
  source text: Effective January 23, 2024, Jack Wong, CEO and Director of Verde Resources, Inc (the “Company”), stepped down from his position as Chairman of the Board of Directors (the “Board”) of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000145/0001640334-24-000145-index.htm
- Executive change
  Tay Hong Choon was appointed as Special Advisor to the Board at VERDE RESOURCES, INC..
  - Action: appointed
  - Role: Special Advisor to the Board
  source text: and Tay Hong Choon was appointed Special Advisor to the Board for a one (1) year term.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000145/0001640334-24-000145-index.htm
- Governance Changes
  VERDE RESOURCES, INC.: Increased the number of board members from three to seven (effective 2024-01-23).
  - Change: bylaw amendment
  - Effective: 2024-01-23
  source text: On January 23, 2024, by resolution of the Board of the Company, approved an amendment to the Bylaws of the Company (the "Amendment"). The Amendment, which was adopted effective as of January 23, 2024, increases the number of members of the Board from three (3) to seven (7).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000145/0001640334-24-000145-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.