Globavend Holdings (NASDAQ: GVH) announced a change in its controlling shareholder and senior management following the acquisition by Central Master Enterprises Limited of shares representing approximately 97.7% of the company’s voting power. The transaction, completed April 29, 2026, is accompanied by leadership changes including the appointment of Kai Man Fung as chairman, with Wai Yiu Yau remaining CEO, as the company looks to leverage new ownership’s corporate finance expertise and global connections to pursue mergers and acquisitions and expand into new business lines.
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About Globavend Holdings Limited
Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery.
For more information, visit https://globavend.com/
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