The board of directors Van Shung Chong Holdings Ltd. announced that Mr. Lim Kern resigned as an executive director, the chief financial officer and the chief operating officer and ceased to be a member of the executive committee of the company with effect from 31st December 2012 to pursue his personal development. Mr. Lim, aged 42, joined the company on 1st June 2010 as the chief financial officer and the chief operating officer and further be appointed as the executive director on 9th July 2010. He has over 18 years of experience in the finance sector, particularly in the field of mergers and acquisitions.