The board of directors of Roma Group Limited announced that Mr. Lum Pak Sum has been appointed as the chief executive officer of the company and its subsidiaries; Mr. Wong Kam Hong has been appointed as the chief strategy officer of the Group; and Mr. Yue Kwai Wa Ken has ceased to act as chief executive officer of the Group, and shall remain as an executive Director, company secretary and compliance officer of the Company with effect from 5 June 2017. Mr. Lum is currently an independent non-executive director of Great China Properties Holdings Limited, Beautiful China Holdings Company Limited, Yuhua Energy Holdings Limited, Kwan On Holdings Limited and Anxian Yuan China Holdings Limited. Mr. Lum was also an independent non-executive director of Pak Tak International Limited from June 2014 to November 2014, Sinogreen Energy International Group Limited from April 2009 to November 2014 and Asia Resources Holdings Limited from November 2010 to January 2015, whose shares are listed on the Stock Exchange.

Mr. Lum was also a non-executive director of Orient Securities International Holdings Limited, whose shares are listed on GEM, for the period from April 2011 to June 2015. He has also been an independent director of Asia Green Agriculture Corporation. Mr. Wong, has 30 years' experience in real estate, securities and media industries.

Mr. Wong has entered into a service agreement with the Company for a term of three years with effect from 5 June 2017, provided that either party may terminate such service agreement at any time by giving at least three months' notice in writing.