The board of directors of Bright Smart Securities & Commodities Group Limited announced the appointment of Mr. Hui Yik Bun as an executive director and co-chief executive officer of the Company with effect from 5 October 2015. Mr. Hui and Mr. Chan Kai Fung, executive director and current chief executive officer of the Company, shall become co-chief executive officers of the company and shall be jointly responsible for overall business development, operations and management of the group. Mr. Hui, aged 41, joined the Group in May 2010.

Prior to this appointment, he was the sales director of the company, responsible for the sales and marketing of the Group, as well as the administration affairs within the Group. Mr. Hui will enter into a service agreement with the company with a term of 3 years commencing from 5 October 2015. He will be subject to retirement by rotation and re-election pursuant to the articles of association of the Company and his appointment may be terminated with 3 months' notice in writing served by either party on the other.

Pursuant to the service agreement, Mr. Hui will be entitled to an annual remuneration of HKD 1,200,000 with a performance bonus at the absolute discretion of the Company, which was determined by reference to his duties and responsibilities with the Company, the company's performance and current market situation.