K Group Holdings Limited announced independent board committee (the "Independent Board Committee") has been established to provide recommendation to the Independent Shareholders as to whether the terms of the Rights Issue are fair and reasonable and as to voting in respect thereof at the EGM. Members of the Independent Board Committee comprise all the independent non-executive Directors, being Mr. Ong King Keung, Mr. Law Chung Lam, Nelson and Mr. Lee Ming Yeung, Michael.