---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-005674"
form_type: "8-K"
ticker: null
cik: "0001918694"
company_name: "Medies"
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:27:32.302292+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Leong Weng Fong acquires controlling stake in MEDIES; appoints himself CEO, CFO after resignations of Tindall and Kidd

## Summary
- Leong Weng Fong purchased 4,300,000 shares of common stock, gaining unilateral control of board election and shareholder matters.
- Kenneth Tindall resigned as CEO, CFO, Treasurer, Director and Secretary, effective August 12, 2024.
- Simon Kidd resigned as Executive Vice Chairman, effective August 12, 2024.
- Leong Weng Fong appointed as CEO, CFO, Director and Secretary, effective August 12, 2024.
- Tindall's resignation was not due to any disagreement with the Company's operations, policies or practices.

## SEC filing metadata
- accession: 0001683168-24-005674
- form_type: 8-K
- cik: 0001918694
- company_name: Medies
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/medies_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-005674
- JSON: https://secwatch.observer/filing/0001683168-24-005674.json
- Plain text: https://secwatch.observer/filing/0001683168-24-005674.txt

## Key facts
- Executive change
  Simon Kidd resigned as Executive Vice Chairman at Medies.
  - Action: resigned
  - Role: Executive Vice Chairman
  source text: on August 12, 2024, Mr. Simon Kidd submitted his resignation from the Company's Executive Vice Chairman role, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm
- Executive change
  Kenneth Tindall resigned as CEO, CFO, Treasurer, Director and Secretary at Medies.
  - Action: resigned
  - Role: CEO, CFO, Treasurer, Director and Secretary
  source text: As of August 12, 2024, Kenneth Tindall is no longer holding the positions of CEO, CFO, Treasurer, Director and Secretary of MEDIES (the "Company").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm
- Executive change
  Leong Weng Fong was appointed as CEO, CFO, Director and Secretary at Medies.
  - Action: appointed
  - Role: CEO, CFO, Director and Secretary
  source text: The Board of the Company appointed Leong Weng Fong as the new CEO, CFO, Director and Secretary, effective on August 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm
- M&A Transactions
  Medies underwent a change of control involving Leong Weng Fong (closed 2024-08-12).
  - Action: change of control
  - Counterparty: Leong Weng Fong
  - Closing: 2024-08-12
  source text: On August 12, 2024, Leong Weng Fong acquired a controlling equity stake in MEDIES (the "Company") through a privately negotiated transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1918694/000168316824005674/0001683168-24-005674-index.htm

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