Next Digital Limited announced that with effect from 1 February 2018: Mr. Lai Chee Ying, Jimmy will be appointed as a Non-executive Director of the Company and the Non-executive Chairman of the Group; Mr. Ip Yut Kin will resign as the Non-executive Chairman of the Group but will remain as a Non-executive Director and a member of the Audit Committee of the company; Mr. Cheung Ka Sing, Cassian will retire as an Executive Director of the Company, Chief Executive Officer of the Group and a member of the Nomination Committee of the Company and will cease to act as an Authorized Representative of the Company pursuant to Rule 3.05 of the Listing Rules; and Mr. Cheung Kim Hung will be appointed as an Executive Director of the Company, Chief Executive Officer of the Group, a member of the Nomination Committee of the Company and an Authorized Representative of the Company pursuant to Rule 3.05 of the Listing Rules in place of Mr. Cheung Ka Sing, Cassian. Mr. Lai, the founder and controlling shareholder of the Company and the spouse of the Company's substantial shareholder, Ms. Li Wan Kam, Teresa. He was an Executive Director and the Chairman of the Company from 1999 to 2014.

Mr. KH Cheung, is currently the Deputy Chief Executive Officer of the Group and the Publisher of Apple Daily. He has been appointed as the Chief Executive Officer - Publishing since June 2016 to oversee the Group's newspapers and magazines operations in both Hong Kong and Taiwan.