Z-Obee Holdings Limited is recently aware of the circumstances that a bankruptcy order was made by the High Court of Hong Kong against Mr. Wang Shih Zen ("Mr Wang"), the chairman and executive Director of the company. By a gazette notice dated 6 November 2015, it is confirmed that the bankruptcy order against Mr. Wang was made on 28 October 2015. The company further announced that Mr. Wang has also ceased to act as the chairman, the authorised representative of the company and the member of the nomination committee with effect from 28 October 2015.