The board of directors of Gold Peak Industries (Holdings) Limited announced that with effect from 1 January 2019, Mr. LEUNG Pak Chuen, currently an executive director of the company, will retire as Deputy Chief Executive of the company; be re-designated as non-executive director of the company; and be appointed as Non-Executive Vice Chairman and Senior Adviser to Chief Executive of the company, as well as a member of the Audit Committee of the company. Mr. Leung joined the Group in 1981 and has been an executive director of the company since 1990. He is also the Deputy Chief Executive of the company and the Executive Vice Chairman of GP Industries Limited.