The board of directors of HKC (Holdings) Limited announced the appointment of Mr. LEE Shiu Yee, Daniel and Mr. WONG Jake Leong, Sammy as the
Executive Directors of the company with effect from January 1, 2014. Mr. LEE, aged 48, is the Project Director of Property Department of the Group since December 2010. He also serves as a director of certain subsidiaries of the Group and a member of Executive Committee of the company.
Mr. WONG, aged 52, is the Investor Relations Director of the Group and has been with the Group since 2007. He has been instrumental in raising funds for the Group and is serving as a member of Executive Committee and director of certain members of the Group. The Board further announced that Mr. FAN Yan Hok, Philip an independent non-executive director of the company, will step down as a member of the Audit Committee of the company after serving on it for 7 years with effect from January 1, 2014 to devote more time on his other responsibilities. He will remain as an independent non-executive director, member of the Nomination Committee and the Remuneration Committee of the company. Mr. FAN has confirmed that he has no disagreement with the Board and is not aware of any matter in relation to his cessation as a member of the Audit Committee that needs to be brought to the attention of the shareholders of the company.