The board of directors of Joyas International Holdings Limited announced the following changes to the board of directors and the board committees with effect from 23 March 2018: Mr. Cheung King Kwok, who is currently an independent director of the company, will be appointed as the independent non-executive chairman of the company. Mr. Lau Chor Beng, Peter will relinquish his role as the chairman of the board and will remain as an executive director and managing director of the company. Mr. Lim Siang Kai will be appointed as the chairman of the nominating committee. Mr. Cheung King Kwok will relinquish his role as the chairman of the nominating committee and remain as a member of the nominating committee.