The board of directors of SinoMedia Holding Limited announced that Mr. He Hui David has been re-designated from a non-executive Director to an independent non-executive Director with effect from November 20, 2015. Mr. He, aged 54, has been appointed as a non-executive Director in August 2011. He is currently a Partner and Managing Director of PAG Asia Capital and the Head of the Operation Group.

Following the Re-designation, the service contract which had been entered into between Mr. He and the company on August 25, 2011 in relation to the appointment of Mr. He as a non-executive Director was terminated by mutual agreement without compensation. Mr. He has entered into a letter of appointment with the company in relation to the Re-designation. Mr. He is appointed for a specific term commencing from November 20, 2015 to the close of the annual general meeting of the company to be held in 2017, subject to retirement by rotation and re-election at annual general meeting of the company in accordance with the company's articles of association.