Jubilee Industries Holdings Ltd. announced that Mr. Kelvin Loh assumed the role of the CFO of the Company on 28 October 2014. Before joining the Company, he was the CFO of Accrelist Ltd. (formerly known as WE Holdings Ltd.), another listed company in the Group. Following Accrelist Ltd.'s proposed expansion of business and after evaluating the manpower and expertise of the current manpower of the Group, Mr. Kelvin Loh has been transferred to Accrelist Ltd. Hence he has ceased to be the Chief Financial Officer and Company Secretary of the Company.