The board of Analogue Holdings Limited announced that Mr. Cheng Siu Ngai Kevin ("Mr. Cheng") will retire from his positions as an executive Director, the chief executive officer of the Company, a member of the nomination committee of the Board and a director of certain subsidiaries of the Company, all with effect from 1 April 2020, due to his retirement plan. The Board further announces that following the departure of Mr. Cheng, the Company currently does not intend to appoint another chief executive officer. Instead, Mr. Cheng's duties as the chief executive officer of the Company will be divided into and shared among the leaders of the following three management units of the Group, namely (i) Mr. Law Wei Tak, Managing Director who leads the building services businesses; (ii) Mr. Chan Hoi Ming, Managing Director who leads the environmental engineering, information, communication and building technologies and lifts and escalators businesses; and (iii) Mr. Cheng Wai Keung Peter, the chief financial officer of the Company who leads the financial operations and administration.