The board of directors of Fairwood Holdings Limited announced that Mr. NG Chi Keung, an Independent Non-executive Director of the Company, a member of both the Audit Committee and the Remuneration Committee of the Company, passed away on 8 March 2023. Mr. Ng had served the Board for over 27 years. He had been appointed as an Executive Director of the Company on 14 November 1995 and then re-designated as a Non-executive Director and an Independent Non-executive Director of the Company on 1 January 2010 and 6 June 2017 respectively.