The board of directors of Pak Tak International Limited announced that Wang Jian has been appointed as an executive director of the Company with effect from 23 August 2016. Wang has entered into a service contract with the Company for a term of one year which will continue thereafter until being terminated by either party giving not less than three-month prior notice. Wang will be subject to retirement and re-election at the forthcoming general meeting of the Company after his appointment and will also be subject to the retirement by rotation and re-election in accordance with the bye-laws of the Company and the Corporate Governance Code and Corporate Governance Report as set out in Appendix 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong.