The board of directors of Ares Asia Limited announced that Ms. Ruayrungruang Woraphanit has been appointed as an executive director of the company, the chairlady of the Board, the chief executive officer of the company, an authorized representative of the company under the rules governing the listing of securities and also the authorized representative of the company for accepting service of process and notices on behalf of the company in Hong Kong as required under the Companies Ordinance. The Board further announced that Mr. Wang Chih-Wei has been appointed as an Executive Director with effect from 5 January 2018. The Board further announced that due to other work commitments, Mr. Ngan Hing Hon has tendered his resignation as the authorized representative and the process agent with effect from 5 January 2018.