The board of directors of China Dynamics (Holdings) Limited announced that Mr. Chan Chak Paul has tendered his resignation as an independent non-executive Director, the chairman of the remuneration committee, a member of each of the audit committee and the nomination committee of the Board with effect from 17 June 2016 due to his other business engagements and commitments. The Board also announced that Dato' Tan Yee Boon has been appointed as an independent non-executive Director, the chairman of the remuneration committee, a member of each of the audit committee and the nomination committee of the Board with effect from 17 June 2016. Dato' Tan is currently practicing as an advocate and solicitor of the High Court of Malaya and is also a member of the Bar Council of Malaysia. He was the founder and now a partner of Messrs. David Lai & Tan. Dato ' Tan possesses over 15 years of extensive experience in the field of legal and corporate practice. Dato' Tan is an independent non-executive director of Earnest Investments Holdings Limited.