The board of directors of Combest Holdings Limited announced that Mr. Chan Ngai Sang, an Independent Non-Executive Director and Chairman of Audit Committee, Remuneration Committee and Member of Nomination Committee of the company, has resigned on February 12, 2018 due to his other career commitments which require more his time. Mr. Nguyen Van Tu Peter, the INED and Chairman of Nomination Committee, Member of Audit Committee and Remuneration Committee of the company, has resigned on February 12, 2018 due to his other career commitments which require more of his time. Mr. So Pak Kei, has been appointed as an INED with effect from February 12, 2018. Mr. So has also been appointed as a Chairman of Audit Committee, Remuneration Committee and Member of Nomination Committee of the company with effect from February 12, 2018 with an initial term of one year and shall continue thereafter unless terminated by one month's notice in advance served by either party, and subject to the normal re-election and rotation as stipulated in the Articles of Association of the company. Mr. Tsui Kin Fung, has been appointed as the INED with effect from February 12, 2018. Mr. Tsui has also been appointed as a Chairman of Nomination Committee, Member of Audit Committee and Remuneration Committee of the company with effect from February 12, 2018 with an initial term of one year and shall continue thereafter unless terminated by one month's notice in advance served by either party, and subject to the normal re-election and rotation as stipulated in the Articles of Association of the company.