The board of directors of L.K. Technology Holdings Limited announced that Mr. Chung Yuk Ming has resigned as an executive director of the company with effect from April 1, 2014 for retirement purpose. Mr. Chung will remain as a consultant to the group. Mr. Chung has confirmed that he has no disagreement with the Board and that there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.

The Board also announced that Mr. Liu Zhuo Ming has been appointed as an executive director of the company with effect from April 1, 2014. He is currently a director of L.K. Machinery International Limited, L.K. Machinery Company Limited and L.K. Machinery Corp.(Taiwan), all being wholly-owned subsidiaries of the company. Mr. Liu has entered into a service contract with the Company for a term of three years, and is subject to retirement by rotation and re-election at the annual general meeting of the company.