New Sparkle Roll International Group Limited announced that the Independent Committee comprising Mr. Chow Siu Lui Jack, a former senior partner of KPMG, Mr. John Paul Ribeiro, a former Assistant Commissioner of Police, and Mr. Chung Wing Chung Raymond, a former compliance manager at Hong Kong Stock Exchange, has been established to conduct a comprehensive review of the Allegations, oversee any necessary forensic investigations, and advise the Board on appropriate responses to protect the interests of the company and its shareholders. The Independent Committee will be instructed to commence its investigative operations immediately and will conduct its inquiries with both diligence and expedition.