Hong Fok Corporation Limited announced that Mr. Chan Pengee, Adrian will no longer be eligible to be designated as an independent director of the Company and will be re-designated as the Non-executive Non-independent Chairman immediately after the conclusion of the Fifty-sixth AGM. Mr. Chan will step down from his role as the Chairman of the Nominating Committee and as a member of the Audit and Risk Management Committee immediately after the conclusion of the Fifty-sixth AGM. He will continue to serve as a member of the Nominating Committee and Remuneration Committee.