The board of directors of Lai Sun Garment (International) Limited announced that with effect from 26 January 2021 Dr. Lam Kin Ngok, Peter ("Dr. Lam"), the Deputy Chairman and an executive director of the Company ("Executive Director"), has been appointed as the Chairman of the Board to replace Dr. Lam Kin Ming who passed away. Dr. Lam then ceased as the Deputy Chairman of the Board; and Dr. Lam has also been appointed as the Authorised Representative to The Stock Exchange of Hong Kong Limited ("Stock Exchange") to fill the casual vacancy caused by the passing away of Dr. Lam Kin Ming under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange ("Listing Rules"). Dr. Lam is a member of the Executive Committee of the Company. He has been an Executive Director since October 1987 and is a director of Wisdoman Limited (a controlling shareholder of the Company). Dr. Lam is also the chairman and an executive director of Lai Sun Development Company Limited ("LSD") and Media Asia Group Holdings Limited ("MAGHL") as well as an executive director of Crocodile Garments Limited ("CGL").