Road King Infrastructure Limited announced that with effect from 1 July 2021, Mr. Ko Yuk Bing will retire from the positions of the Chief Executive Officer of the Company due to his advanced age but will remain as Deputy Chairman and an Executive Director of the Company. Mr. Fong Shiu Leung, Keter, an Executive Director of the Company, will become Chief Executive Officer. Mr. Ko Yuk Bing ("Mr. Ko") will retire from the positions of the Managing Director and Chief Executive Officer of the Company with effect from the Effective Date due to his advanced age. He will, however, remain in his leadership role as Deputy Chairman and an Executive Director of the Company to continue to contribute his experience and knowledge towards the smooth operation and development of the Company. Mr. Ko has confirmed that he has no disagreement with the Board of the Company and there is no matter relating to his retirement as Managing Director and Chief Executive Officer that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the Company (the "Shareholders"). Mr. Fong, aged 58, has been an Executive Director of the Company since July 2000 and is a director of various companies of the Group. He holds a Bachelor of Arts degree in Accountancy. He is a Certified Practising Accountant in Australia and a fellow of the Hong Kong Institute of Certified Public Accountants. He has over 35 years of experience in auditing, accounting and business advisory profession. Prior to joining the Company, he was an audit principal of an international accounting firm. Save as disclosed above, Mr. Fong did not hold any directorship in other listed public companies in the last three years. Save for his directorship in the Group, Mr. Fong does not have any relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company. Except for holding 260,000 shares of the Company, as at the date of this announcement, Mr. Fong did not have, or was not deemed to have, any other interests or short positions in the shares, underlying shares or debentures of the Company and its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Fong has entered into a service contract commencing from 1 April 2020 to 31 March 2023 with the Company which is terminable by either party with six months' written notice. He is subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the bye-laws of the Company and the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules").