The board of directors of M&L Holdings Group Limited announced that Mr. Cheung King ("Mr. Cheung") has tendered his resignation as an executive director and the director of fabricated construction steel works division of the Company both with effect from 29 October 2020, due to his desire to devote more time to his family. Following Mr. Cheung's resignation, he will act as consultant of the Group and continue to provide technical advice on the business of the Group. Mr. Cheung has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company and the Stock Exchange in relation to his resignation.