The board of directors of IPE Group Limited announced resignation of Mr. Lau Siu Chung from executive director with effect from November 12, 2018 as he wishes to focus on other business. Mr. Lau has also ceased to act as a member of the Executive Committee of the company with effect from November 12, 2018. Ms. Chiu Tak Chun has resigned from executive director with effect from November 12, 2018 as she wishes to focus on other business. Ms. Chiu has also ceased to act as a member of the Executive Committee of the company with effect from November 12, 2018.