Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

September 12, 2023

(Date of Report (Date of earliest event reported))

Verde Resources, Inc.

(Exact name of registrant as specified in its charter)

Nevada	000-55276	32-0457838
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
incorporation)		Identification No.)

2 Cityplace Drive, Suite 200, St. Louis, MO 63141

(Address of principal executive offices)

(323) 538-5799

(Registrant’s telephone number)

__________________________________________________________________

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 504 of the Securities Act of 1933 (§230.405 of this Chapter) or Rule 12b-25 of the Securities Exchange Act of 1934 (§240.12b-2 of this Chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 12, 2023, Jack Wong, stepped down from his position as the President of Verde Resources, Inc (the “Company”).

There have been no disagreements between the Company and Mr. Wong known to an executive officer of the Company on any matter relating to the Company’s operations, policies or practices. Mr. Wong was provided a copy of the disclosures made herein no later than the date of filing on this Form 8-K and has been provided with the opportunity to furnish the Company with a letter addressed to the Company stating whether or not he agrees with the statements made herein. Any letter received by the Company from Mr. Wong will be filed as an exhibit to this form 8-K by way of amendment within 3 business days of receipt.

Effective September 12, 2023, by resolution of the Board of Directors (the “Board”) of the Company, Jack Wong, CEO and Director of the Company, was appointed Chairman of the Board.

The Company believes that the education, business and operational experience of Jack Wong give him the qualifications and skills necessary to serve as Chairman of the Board.

Mr. Jack Wong (40)

2014 - 2020	Managing Director, Scuba Tiger Resort & Tours Sdn Bhd
2020 – 2022	Chief Executive Officer, The Wision Project Sdn Bhd
October 2022 – Present	Chief Executive Officer of Verde Resources, Inc.
March 2023 – Present	Director of Verde Resources, Inc.

Mr. Wong was appointed President and CEO of the Company in October 2022, and was subsequently appointed as a member of the Board of Directors in March 2023. Prior to that, Mr. Wong served as the CEO of The Wision Project Sdn Bhd, a subsidiary which was acquired by the Company in March 2022. Mr. Wong also previously built and ran a seaside dive resort – Scuba Tiger, which is located 45 minutes away from one of the world's best dive spots – Sipadan island, in Sabah, Borneo, where he hosted scuba divers from all over the world, until the pandemic hit in 2020.

On September 12, 2023, the Company issued a press release announcing Jack Wong’s appointment as Chairman of the Board. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

99.1

Press Release of Verde Resources, Inc. dated September 12, 2023

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

VERDE RESOURCES, INC.

/s/ Jack Wong
Jack Wong
Chief Executive Officer

Date: September 18, 2023

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Cover	Sep. 12, 2023
Cover [Abstract]
Entity Registrant Name	Verde Resources, Inc.
Entity Central Index Key	0001506929
Document Type	8-K
Amendment Flag	false
Entity Emerging Growth Company	false
Document Period End Date	Sep. 12, 2023
Entity Incorporation State Country Code	NV
Entity File Number	000-55276
Entity Tax Identification Number	32-0457838
Entity Address Address Line 1	2 Cityplace Drive
Entity Address Address Line 2	Suite 200
Entity Address City Or Town	St. Louis
Entity Address State Or Province	MO
Entity Address Postal Zip Code	63141
City Area Code	323
Local Phone Number	538-5799
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false