The board of directors of Ka Shui International Holdings Limited announced that Dr. Wong Cheong Yiu will cease to be an executive director of the Company, a member of Nomination Committee and Remuneration Committee of the Company and an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 1 January 2019 and will remain as a director of a subsidiary of the Company in the United States of America as he will devote more time to the operations of this subsidiary. Dr. Wong has confirmed that he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company. The Board announced that Mr. Lee Yuen Fat, the Chairman, an executive director and the Chief Executive Officer of the Company, has been appointed as the authorized representative of the Company with effect from 1 January 2019.