Recent Updates
Recently added Catalysts
EUDA Positive Sentiment Score: 70/100

EUDA HEALTH HOLDINGS LIMITED Board of Director Officer Letter

Key Takeaway: EUDA Health Holdings Limited has formally invited Chee Hyong Leonard Chia to join its Board of Directors as a Class II director. The appointment emphasizes the company’s commitment to strong governance practices. Notably, Chia has agreed not to receive compensation for his service, though he will be reimbursed for reasonable travel expenses related to board activities. This move signals an effort to foster board participation while maintaining integrity in governance.

Market Sentiment Analysis

POSITIVE FACTORS

  • The invitation to join the Board of Directors indicates growth and governance improvement.
  • The lack of compensation suggests a commitment to the company's mission over personal gain.
  • Reimbursement of travel expenses reflects support for active participation in board activities.

Full Press Release Details

HEALTH HOLDINGS LIMITED
of Director Officer Letter
Chee Hyong Leonard Chia
behalf of the board of the directors (the "Board") of EUDA Health Holdings Limited, a British Virgin Islands
business company (the "Company"), I am pleased to invite you to join the Board of Directors. You will serve
as a Class II director from the date of acceptance indicated herein below until the date upon which you are not re-elected or your earlier
removal or resignation.
have agreed not to receive compensation for the service as a director of the Board. The Company will reimburse you for all reasonable
travel expenses that you incur in connection with your attendance at meetings of the Board, in accordance with the Company's expense
reimbursement policy as in effect from time to time. In addition, you will receive indemnification as a director of the Company to the
maximum extent extended to directors of the Company generally, as set forth in the Company's governing documents and applicable
laws and regulations.
accepting this offer, you are representing to us that (i) you do not know of any conflict which would restrict your service on the Board
and (ii) you will not provide the Company with any documents, records, or other confidential information belonging to other parties.
letter sets forth the entire compensation you will receive for your service on the Board. Nothing in this letter should be construed
as an offer of employment. If the foregoing terms are agreeable, please indicate your acceptance by signing the letter in the space provided
below and returning this letter to the Company.
Sincerely,
EUDA HEALTH HOLDINGS LIMITED
By: /s/ David Francis Capes
Name: David Francis Capes
Title: Chairman of the Board
Signature: /s/ Chee Hyong Leonard Chia
Name: Chee Hyong Leonard Chia
Date: February 15, 2023

Frequently Asked Questions

Who is invited to join the Board of Directors?

Chee Hyong Leonard Chia is invited to join as a Class II director.

Will the director receive compensation?

The director has agreed not to receive any compensation for their service.

What reimbursement is provided for the director?

The Company will reimburse reasonable travel expenses for attending Board meetings.

What indemnification is offered to the director?

Indemnification is provided to the maximum extent allowed by laws and regulations.

What must the director confirm upon accepting the role?

The director must confirm no conflicts exist that would affect their service.

Last updated: Feb 15, 2023