The board of directors of Lerthai Group Limited announced that Mr. Francis Chiu has been appointed as an independent non-executive director and a member of the audit committee of the Company with effect from 15 January 2021. Mr. Chiu, aged 57, is Co-Chair of Sloane and Manhattan Partners (Asia). Mr. Chiu is also Co-Chair of Anchors Group. Mr. Chiu has entered into a service agreement with the Company for a term of three years commencing from 15 January 2021 subject to retirement from office and re-election at the first annual general meeting of the Company after his appointment and subsequently subject to retirement from office by rotation and re-election at the annual general meeting of the Company and vacation of office in accordance with the articles of association of the Company.