KGI Securities (Thailand) Public Company Limited announced that board meeting was held on 12 May 2016, has board approved the resignation of Mr. Wei Chang Fang, as Chief Operating Officer and authorized director of the company, appointment of Mr. Chih - Hung Lin, as new Chief Operating Officer and authorized director of the company, be approved, subject to SEC approval. The effective date of the resignation of Mr. Wei Chang Fang and the appointment of Mr. Chih - Hung Lin will be the date of receipt of approval from SEC. The change of Chief Operating Officer of the company is due to the group policy of rotating senior staff, and will not impact the company's operating activities.