The board of directors of Embry Holdings Limited announced that Mr. Cheng Man Tai ("Mr. Cheng") has been appointed as an executive Director with effect from 23 August 2018. Mr. Cheng, aged 89, is the founder of the Group and was an executive Director and Chairman of the Company between August 2006 and March 2014. Upon the appointment of Mr. Cheng as an executive Director, Madam Ngok Ming Chu ("Madam Ngok") has ceased to be the Chairman of the Company with effect from 23 August 2018, with Mr. Cheng also being appointed as the Chairman of the Company with effect from the same day. Madam Ngok will continue in office as an executive Director.