The board of directors of Capital VC Limited announced that Dr. Liu Ta-pei, an executive Director and a member of the investment committee of the company, has been appointed as the chairman of the board and the chairman of the investment committee with effect from March 5, 2012. Mr. Yau Yan Ming Raymond has been appointed as an executive Director and a member of the investment committee and Mr. Cheung Kwok Yu has been appointed as a non-executive Director with effect from March 5, 2012.