The Board of directors of ICO Group Limited announced that with effect from 22 February 2019, Mr. Pang Yick Him has resigned as an executive Director and a member of the nomination committee of the Company, the company secretary of the Company, the process agent in Hong Kong of the Company (for the purpose of accepting service of process in Hong Kong under the Companies Ordinance, Cap 622 of the laws of Hong Kong) (the "Process Agent"), the financial controller of the Group (the "Financial Controller") and ceased to be an authorized representative under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited of the company. Mr. Pang's resignation of the aforesaid positions is due to his other work commitment. The Board announced that Mr. Chan Kwok Pui has been re-designated from a non-executive Director to an executive Director and appointed as a member of the Nomination Committee with effect from 22 February 2019 due to work reallocation. Mr. Chan has over 25 years of experience in the IT industry. Mr. Chan was a computer officer at University of Hong Kong from August 1992 to August 1995, he then joined the Group in 1995. Prior to the re-designation, Mr. Chan was a non-executive Director and was responsible for advising on business opportunities for investment, development and expansion of the Group as well as providing extra advisory services to the Group with a focus on technological development. Currently Mr. Chan is also a director of fourteen companies. The Board announced that Ms. Tuon Wai Man has been appointed as a non-executive Director with effect from 22 February 2019. Ms. Tuon, aged 40 possesses extensive experience in sales and marketing and is now a senior unit manager of a multinational insurance service provider. Following the resignation of Mr. Pang, the Board announced that with effect from 22 February 2019, Mr. Pun Shing Cheung has been appointed as the Company Secretary, the Authorised Representative, the Process Agent and the Financial Controller. Mr. Pun has over ten years of experience in accounting and auditing. Prior to joining the Company, Mr. Pun had worked for one of the big four international accounting firms and several companies listed on Main Board of the Stock Exchange. Mr. Pun is a member of Hong Kong Institute of Certified Public Accountants.