The board of directors of Finet Group Limited announced that it has received the letter of resignation from Mr. Yiu Wing Hei, an executive Director and compliance officer of the Company, on 5 October 2018. Mr. Yiu resigned from the position as the executive Director and compliance officer of the Company with effect from 5 October 2018. The reason for his resignation is to avoid any potential conflict of interests arising from his future ownership and/or commitments in relation to a business, which is in the same industry of the Company. Mr. Yiu confirmed that there is no disagreement with the Board and there is no matter which is required to draw the attention of the shareholders of the Company in relation to his resignation. The Board also announced that Ms. Lo Yuk Yee, chairman of the Board and executive Director, has been appointed as the compliance officer of the Company with effect from 5 October 2018.