The board of directors of Fulum Group Holdings Limited announced that Mr. Wu Kam On Keith has resigned as an executive Director, the chief executive officer of the Group and a member of the executive committee of the Board and is re-designated as a non-executive Director with effect from 13 January 2023. The Board announced that with effect on 13 January 2023, Mr. Yeung Ho Wang, an executive Director and a member of the Executive Committee, would act as the Chief Executive Officer and the Authorised Representative. Mr. Yeung, aged 34, has been as an executive Director since 13 May 2021 and is primarily responsible for the management and strategic development of the restaurants under the "Asia Catering Line".

Mr. Yeung has over 10 years of experience in operation management and strategic planning especially in the F&B industry in Hong Kong. He joined the Group as the operation manager in August 2014 and was primarily responsible for policy enforcement and corporate management. Mr. Yeung received a Bachelor of Science in Business Management and a Master of Science in Food Management in July 2011 and November 2012 respectively from the University of Surrey.

Mr. Yeung is also the vice chairman of the Association of Restaurant Managers, the vice chairman of the Hong Kong Smart Catering Association, an officer of the Quality Tourism Services Association in Hong Kong, as well as a member of the Korean Chamber of Commerce in Hong Kong. Mr. Yeung is the son of Mr. Yeung Wai, the nephew of Mr. Yeung Yun Kei, and the cousin of Mr. Yeung Chun Nin, all of whom are executive Directors. Mr. Yeung is also the nephew of Mr. Yeung Yun Chuen, a controlling Shareholder.