OLS Enterprise Ltd. announced that Prof. Ling Chung Yee, Roy ("Prof. Ling"), was recommended to the Nominating Committee for his appointment as an Independent Director of the company for the purpose of complying with Rule 704(7) of the Exchange's Listing Manual Section B: Rules of Catalist. The Nominating Committee and the Board, having reviewed, considered, assessed and concluded that Prof. Ling possesses the requisite qualifications and work experience to carry out his duties as an Non-Executive Independent Director of the company, have accordingly approved the appointment of Prof. Ling as an Independent Director. From 2013 to present Prof. Ling is EDHEC Business School, Adjunct Professor in Finance. From 2010 to present, Prof. Ling is Managing Director of RL Capital Management.