Five members of Primax Colombia’s Board of Directors have submitted their irrevocable resignations. The resignations pave the way for the new controlling shareholder to appoint their representatives. The move follows a change in ownership at the company, details of which were not specified in the report. This suggests a standard transition of power following an acquisition or similar ownership shift. The departing board members’ decision allows the new owner to exert influence over the company’s direction. No reasons for the resignations were given beyond facilitating the new controlling interest. The company has not yet commented on the appointments of new board members.