CBK Holdings Limited announce that Mr. Chong Alex Tin Yam has been appointed as an independent non-executive Director of the Company, the chairman of the audit committee and a member of each of the remuneration committee, the nomination committee, and the legal compliance committee of the Company, with effect from 30 July 2021. Mr. Chong, aged 49, has cultivated nearly 20 years of entertainment, investment and financial advisory experiences in the Greater China, Japan, South Korea, Singapore and the United States of America markets. From 2016 to 2018, he was the chief executive officer and executive director of Asia Fashion Holdings Limited. The Board announces that Mr. Law Yui Lun has tendered his resignation as an independent non-executive Director of the Company, the chairman of the Audit Committee and a member of each of the Remuneration Committee, the Nomination Committee and the Legal Compliance Committee of the Company with effect from 30 July 2021 due to other business commitments.