Ares Asia announced that due to other work commitments, Mr. Chan Tsang Mo has tendered his resignation as an executive director of the company and ceased to act as an authorised representative of the company under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and also the authorised 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 (Chapter 622 of the Laws of Hong Kong) with effect from 24 March 2016.