The board of directors of China Demeter Investments Limited announced that with effect from 5 February 2016, Mr. Ng Ting Ho has been appointed as an executive Director. Mr. Ng, aged 31, has various experiences in banking and finance. From July 2008 to May 2011, Mr. Ng served as a senior relationship officer in the HK & Multinational Corporates Department of the China CITIC Bank International Limited.

From May 2011 to November 2011, Mr. Ng worked as a trading analyst at Trinity Finance Investment Limited in business development and proprietary trading and from December 2011 to September 2012, he worked in Wing Hang Bank Limited where his last position was senior officer in its Corporate Banking Division. Mr. Ng has worked as a trading analyst in Trinity Finance Investment Limited since September 2014. The Board announced that with effect from 5 February 2016, Mr. Lin Chuen Chow Andy has resigned as a non-executive Director due to his other career commitments which require more of his time.

The Board announced that, following the resignation of Mr. Lin, with effect from 5 February 2016: Mr. Lin ceased to be a member of each of the nomination committee and the remuneration committee of the Board; Mr. Lee Kin Lai, an independent non-executive Director, has been appointed as a member of the Nomination Committee; and Mr. Hung Kenneth, an independent non-executive Director, has been appointed as a member of the Remuneration Committee.