The board of directors of the Company announced that at the Board meeting held on 10 March 2023 immediately after the conclusion of the Board meeting held on the same date for the purpose of, among other matters, reviewing and approving the final results of the Company and its subsidiaries for the financial year ended 31 December 2022, Mr. Leung, Yun-fai ("Mr. Leung") has been appointed as an independent non-executive director of the Company, and a member of the audit committee, the remuneration committee, the nomination committee and the investment committee of the Company respectively with effect from conclusion of that meeting. Mr. Leung, aged 65, holds a Degree of Bachelor of Business Administration, Finance and Accountancy from Newport University, United States of America. He has over 42 years of experience in auditing, finance, accounting and corporate advisory industries, including 20 years audit experience at Kwan Wong Tan & Fong and Deloitte Touche Tohmatsu.

Mr. Leung is currently a director of Safestyle Consulting Limited.