Globavend Holdings Sees Controlling Shareholder Change, New Chairman Appointed
Globavend Holdings Limited (NASDAQ: GVH) announced a change in controlling shareholder and leadership after Central Master Enterprises Limited acquired about 97.7% of voting power, appointing Kai Man Fung as chairman while CEO Wai Yiu Yau remains, aiming to leverage new ownership's corporate finance expertise for M&A and expansion.