The Board of Directors of Sustainable Forest Holdings Limited announced that Mr. Mung Wai Ming resigned as an Executive Director of the Company with effect from 31 January 2018 as he needs to devote more time to his other personal engagements. The Board further announced that Mr. Wu Wang Li resigned as an independent non-executive director of the company as he needs to devote more time to his other personal engagements and Mr. Chai Chi Keung has been appointed as an independent non-executive director of the company, both with effect from 31 January 2018. The Board also announced that with effect from 31 January 2018: following the resignation of Mr. Mung as an Executive Director of the Company, Mr. Mung ceased to be a member of the Executive Committee; following the resignation of Mr. Wu as an Independent Non-executive Director of the Company, Mr. Wu ceased to be a member of the Audit Committee, the Remuneration Committee and the Nomination Committee; Mr. Yam Kwong Chun, an Independent Non-executive Director of the Company, ceased to the Chairman of the Nomination Committee but remains as a member of the Nomination Committee; and following the appointment of Mr. Chai as an Independent Non-executive Director of the Company, Mr. Chai has been appointed as the Chairman of the Nomination Committee and a member of the Audit Committee and the Remuneration Committee.