The Board of Good Resources Holdings Limited announced that Ambassador Fraker resigned as a non-executive Director of the Company and shall cease to be the chairman of the remuneration committee and a member of the nomination committee of the Board with effect from 30 June 2016. Mr. Francisco Sánchez resigned as a non-executive Director of the Company and shall cease to be a member of the remuneration committee and a member of the nomination committee of the Board with effect from 30 June 2016. The Board further announced that Mr. Chen Chuanjin has been re-designated from non- executive director to executive director of the Company with effect from 30 June 2016. And Mr. Chen will no longer be member of Audit Committee from the same date of his effect of re-designation. The Board also announced the appointment of Mr. Lo Wan Sing Vincent as chairman of the remuneration committee and a member of the nomination committee; and the appointment of Ms. Kwan Shan as member of the remuneration committee and a member of the nomination committee.