Mascotte Holdings Limited announced the following changes with effect from 1 May 2015. Dr. Kwong Kai Sing has been appointed as an executive Director and managing Director of the company; and Mr. Chung Yuk Lun has been re-designated from Acting Chairman to Chairman of the company. Dr. Kwong, aged 56, holds a Bachelor Degree in Arts from Simon Fraser University in British Columbia, Canada and was awarded the Honor Degree of Doctor of Commerce by The University of West Alabama in 2008.

Dr. Kwong was a director of the Tung Wah Group of Hospitals from 2008 to 2010 and was a member of the Campaign Committee of The Community Chest from 2006 to 2010. Mr. Chung, aged 54, was appointed as the executive Director and Vice Chairman of the company in May 2014. He was re-designated from Vice Chairman to Acting Chairman of the company in June 2014.

Mr. Chung is also the company secretary of the company and the director of the company's major subsidiaries. He is a fellow member of The Association of Chartered Certified Accountants, an associate member of the Hong Kong Institute of Certified Public Accountants and an Associate Chartered Accountant (England and Wales). He has over 30 years' experience in audit, finance and project investment.

Currently, he is an independent non-executive director of Forefront Group Limited, Freeman Financial Corporation Limited and Heritage International Holdings Limited, all are companies listed on the main board of the Stock Exchange.