The board of directors of HKC (Holdings) Limited announced the retirement of Mr. CHANG Li Hsien, Leslie as Chief Executive Officer and Executive Director of the company and other positions of the company and its subsidiaries with effect from 1 January 2014, as he would like to spend more time with his family and on other personal commitments. The Board further announced the appointment of Mr. OEI Kang, Eric as the Chief Executive Officer of the company with effect from 1 January 2014. Mr. OEI currently is the Chairman and Chief Executive Officer of China Renewable Energy Investment Limited.