The board of directors of Classified Group (Holdings) Limited and its subsidiaries announced that Mr. Yue has been appointed as an independent non-executive director, a member and the Chairman of the audit committee of the Company and a member of each of the nomination committee of the Company and remuneration committee of the Company with effect from 19 October 2018. Mr. Yue Man Yiu Matthew, has been the chief financial officer of Ko Shi Wai Holdings Limited since September 2009. He has also been a director of China-Link Capital Management Limited since September 2009. Mr. Yue has been an independent non-executive director of Asia Cassava Resources Holdings Limited since January 2009, Royale Furniture Holdings Limited since November 2011, and China Suntien Green Energy Corporation Limited since June 2010, the shares of which are listed on the Main Board of the Stock Exchange. From June 2002 to February 2013, he was also an independent non-executive director of China Financial Leasing Group Limited. The board further announced that Mr. Lai Chik Fan ("Mr. Lai") has been re-designated from the Chairman of the audit committee of the Company to a member of audit committee of the Company with effect from 19 October 2018.