Polyard Petroleum International Group Limited announced that Mr. Cheng Chak Ho has been appointed as independent non-executive director, a member of Remuneration Committee and the chairman of the Nomination Committee to the board of the company with effect from April 1, 2021. The board further announced that Ms. Xie Qun an independent non-executive director upon her re-designation will cease to act as the chairman of the Nomination Committee. Mr. Lai Chun Liang has resigned as a member of the remuneration committee to the Board of the company. Mr. Cheng has over 29 years of experiences in all kinds of valuation including real estate valuation, business valuation, plant and machinery valuation, forensic valuation and much more. He has been deeply involved in over 100 IPOs and M&A cases over the last ten years. He is an independent non-executive director of North Mining Shares Company Limited. Ms. Xie had over 33 years of experience in the profession of education.