The board of directors of the Mercurius Capital Investment Limited changes to composition of its board. As a result, the Remuneration Committee comprised the Chairman, Mr. Wong Leong Chui, and the newly re-designated Independent Non-Executive Director, Mr. Chieng You Ping (who was a Non-Executive Non-Independent Director prior to the re-designation) ("Mr Chieng"). The company also announced that the Company will endeavour to identify and appoint a director to fill the vacancy in the Remuneration Committee as soon as possible. On 29 January 2021, the Company announced that while Mr. Chang Wei Lu ("Mr Chang") is an Executive Director of the Company, the Board, having considered the recommendation of the NC and having assessed the qualifications and working experience of Mr. Chang, in particular of his business experience in hotel management, property management, food and beverage, and lifestyle management, is of the view that Mr. Chang has the related management expertise and experience required as a member of the RC to work with the existing committee members to formulate a remuneration solution that is suitable and relevant to the current business operations of the Group. As such, despite the Code of Corporate Governance 2018 Provision 6.2 stating that the RC should comprise at least three directors and all members of the RC are non-executive directors, the majority of whom, including the RC Chairman, are independent, the company has appointed Mr. Chang, who is currently the Executive Chairman and Chief Executive Officer ("CEO"), as a member of the RC with effect from 1 February 2021. Wong Leong Chui, Chairman (Independent Non-Executive Director); Chieng You Ping (who was re-designated from Non-Executive Non-Independent Director to Independent Non-Executive Director); and Chang Wei Lu (Executive Chairman and CEO of the Board).