The Board of Kwoon Chung Bus Holdings Limited announced that with effect from 2 June 2014, Mr. Thomas Wong and Mr. Wong Wing Pak has resigned as executive Director. Each of them has confirmed that he has no disagreement with the Board and there are no matters in respect of his resignation that need to be brought to the attention of the Shareholders. Mr. Thomas Wong has ceased to be the chairman and member of the Nomination Committee and member of the Remuneration Committee and Mr. Matthew Wong has been appointed as the chairman of the Nomination Committee.

Mr. Thomas Wong has ceased to be the chairman of the Board; Mr. Chan Yu Kwong, Francis has ceased to be an authorised representative of the company; Mr. Matthew Wong has been appointed as the chairman of the Board and an authorised representative of the company. Mr. Matthew Wong has ceased to be the chief executive officer of the company; and Mr. Wong Cheuk On, James has been appointed as the chief executive officer of the company.