The board of Capital VC Limited announced that the executive changes in the company with effect from January 30, 2014. The company announced that Mr. Hung Cho Sing has resigned as a non-executive director, the chairman and a member of nomination committee, and a member of remuneration committee of the company due to his personal and other business commitments; Mr. Yau Yan Ming Raymond has resigned as the chief executive officer of the company due to his personal and other business commitments; Mr. Chan Kwan Pak has resigned as the company secretary of the company and ceased to be an authorized representative of the company due to his personal and other business commitments; Mr. Chan Ka Yin has been appointed as the company secretary and an authorized representative of the company; and Mr. Ong Chi King has been appointed as the chairman of the nomination committee of the company. Mr. Hung, Mr. Yau and Mr. Chan Kwan Pak have confirmed that they have no disagreement with the board relating to their respective resignation.