The board of directors of World Houseware (Holdings) Limited announced that the board has established a risk committee (the Risk Committee) with effect from April 1, 2016. The board has appointed Mr. Lee Tat Hing, Madam Fung Mei Po and Madam Chan Lai Kuen Anita, the respective executive directors of the company; Mr. Cheung Tze Man Edward, a non-executive director of the company; Mr. Ho Tak Kay, Mr. Hui Chi Kuen Thomas, Mr. Shang Sze Ming, the respective independent non-executive directors of the company; Mr. Leung Cho Wai, the financial controller of the company as members of the Risk Committee and Mr. Tsui Chi Him Steve, an independent non-executive director of the company, as the chairman of the Risk Committee.