HKC (Holdings) Limited announces that Mr. OEI Tjie Goan has tendered his resignation as the chairman of the Board and non-executive director of the Company with effect from 3 December 2019, as he would like to spend more time on his personal commitment and other business engagement. The Board announced the appointment of Mr. OEI Kang, Eric, the executive director and the chief executive officer of the Company, as the chairman of the Board with effect from 3 December 2019. Mr. OEI, aged 49, has been appointed as an Executive Director of the Group since April 2004 He is the Chief Executive Officer and the chairman of the Executive Committee of the Company. Mr. OEI was appointed as a member of the Nomination Committee and the Remuneration Committee of the Company on 20 March 2019.