The board of directors of SJM Holdings Limited announced that Dr. Rui José da Cunha ceased to act as the Executive Director of the company upon his retirement from the Board at the conclusion of the annual general meeting of the company held on 13 June 2017 as Dr. Cunha did not seek for re-election for
the reason of change of his responsibility focus as a result of business growth and diversification of the company and its subsidiaries. Dr. Cunha has confirmed that he has no disagreement with the Board and there is no matter which needs to be brought to the attention of shareholders of the Company in respect of his retirement from the Board. He remains as a director, company secretary and secretary of the general meeting of certain principal subsidiaries of the Company.
The Board also announced that Ms. Ho Chiu Fung, Daisy has been elected as an Executive Director of the Company at the 2017 AGM with effect from 13 June
2017. Ms. Ho, aged 52, was an appointed representative of Shun Tak Holdings Limited, which is a corporate director of STDM (the controlling shareholder of the Company), up till 31 March 2010, and has thereafter become an appointed representative of Lanceford Company Limited, which is also a corporate director of STDM, since 1 April 2010.