Cowell e Holdings Inc. announced that Mr. Kim Ilung has resigned as an independent non-executive Director and as a member of the audit committee of the company with effect from 23 March, 2017 to devote more time to his personal business. Mr. Kim has confirmed that he has no disagreements with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board further announced that Mr. Andrew Look has been appointed as an INED and a member of the Audit Committee with effect from 3 April, 2017. Mr. Look, aged 51, is the founder of Look's Asset Management Limited.