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NASDAQ: OFAL OFA Group 8-K

OFA Group appoints Erwin Pineda as independent director following board resignation

Filed April 8, 2026 · Period ending April 2, 2026 · ~1 min read

Key Changes

  • medium

    Erwin Baquiran Pineda appointed as independent director for two-year term, joining audit, compensation, and governance committees. The 60-year-old real estate executive currently serves as CEO of Coldwell Banker Exclusive.

  • low

    Won Ping Cheng resigned from the Board and Audit Committee effective April 2, 2026. Company states resignation was not due to any disagreement with management or the board.

  • low

    New director compensation set at $20,000 annual cash paid bi-monthly, plus 30,000 restricted shares annually vesting quarterly over one year. First grant prorated for partial 2026 service.

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Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify