The board of directors of JC Group Holdings Limited announced that Mr. Chui Wai Kin, one of the chief operating officers of the company and a member of the compliance committee of the company, passed away on January 5, 2014. Following the pass away of Mr. Chui, the company has appointed Mr. Chow Chun To as a new member of the compliance committee of the company. Mr. Chow joined the company on May 18, 2013 and was appointed as the financial controller of the company on November 2, 2013.