The board of directors of SCUD Group Limited announced that Dr. Loke Yu (also known as Loke Hoi Lam and Jimmy Hoi Lam Loke) has been appointed as a non-executive Director and a member of the corporate governance committee of the Board with effect from 1 September 2020. He is currently an independent non-executive director of the following companies: Chiho Environmental Group Limited, China Silver Technology Holdings Limited (formerly known as TC Orient Lighting Holdings Limited), CIMC-TianDa Holdings Company Limited, Hang Sang (Siu Po) International Holding Company Limited, Hong Kong Resources Holdings Company Limited, Matrix Holdings Limited, Tianjin Development Holdings Limited, Times Universal Group Holdings Limited (formerly known as Forebase International Holdings Limited), TradeGo FinTech Limited, V1 Group Limited, Zhenro Properties Group Limited and Zhong An Group Limited.