Alco Holdings Limited announced that Mr. CHUNG Hau Yeung resigned as Executive Director of the Company with effect from 27 January 2023, as Mr. Chung wants to devote more time and focus on the development of laptop business of the Company. The Board of the Company announces the resignation of Ms. Hong Ting as non-executive director of the Company with effect from 27 January 2023 as she had other work arrangement. The Board of the Company announces that Mr. HO Chak Yu, aged 34, is appointed as ED of the Company with effect from 27 January 2023.

Mr. Ho has over 12 years of business experience. He is currently a director of Gloadvise SDN BHD, a company incorporated in Malaysia since December 2020. Mr. Ho also works as an oversea business development manager in Stellar Capital since August 2019 and mainly focus on exploring oversea market.

In addition, Mr. Ho was director of Sensethere SDN BHD from November 2020 to June 2022. In general, Mr. Ho has extensive experiences in multi-national business.