On October 26, 2016, The Grande Holdings Limited announced that the special general meeting of the Company will be held on November 11, 2016. The resolutions put forward in the meeting are (1) Moore Stephens CPA Limited is appointed as auditor of the Company and to hold office until the conclusion of the next annual general meeting of the Company, and that the board of directors of the Company is authorized to fix the remuneration (2) Tang Hoi Nam is removed from his position as a director of the Company with immediate effect upon passing of this resolution (3) Michael Andrew Barclay Binney is appointed as a director of the Company with immediate effect upon passing of this resolution and the board of directors of the Company is authorized to fix his remuneration.