The board of directors of Lung Kee (Bermuda) Holdings Limited announced that Mr. Mak Koon Chi has tendered his resignation as an executive director of the company with effect from December 31, 2016. The Board also announced that Mr. Siu Yuk Tung, Ivan and Mr. Siu Yu Hang, Leo have been appointed as executive directors of the company with effect from January 1, 2017. Mr. Ivan Siu, aged 37, joined the Group in October 2004 as an assistant general manager of a subsidiary of the company. He is a director of a subsidiary of the Company in Japan and has been appointed as a director of certain subsidiaries of the Company with effect from January 1, 2017. Save as disclosed above, Mr. Ivan Siu did not hold any directorships in other listed public companies in the last three years or any positions with the Company or other members of the Group. Mr. Leo Siu, aged 37, joined the Group in July 2008 as assistant to director of the Company. He has been appointed as a director of certain subsidiaries of the Company with effect from January 1, 2017. Save as disclosed above, Mr. Leo Siu did not hold any directorships in other listed public companies in the last three years or any positions with the Company or other members of the Group.