The Board of Directors of Matrix Holdings Limited announced that, due to work arrangement, Mr. Chen Wei Qing (Mr. Chen), the chief executive officer of the company has been re-designated as the chief operating officer (Chief Operating Officer) with effect from 15th April, 2021, to better reflect the overall responsibilities taken up by Mr. Chen in the Company. Upon Mr. Chen's re-designation as Chief Operating Officer, Ms. Yip Hiu Har (Ms. Yip), an Executive Director of the Company, has been appointed as the Chief Executive Officer with effect from 15th April, 2021. Ms. Yip was appointed Executive Director of the Company in April 2018.