ASIAN CITRUS HOLDINGS LIMITED The board of directors of Asian Citrus Holdings Limited announced the Board and management changes. With effect from 4 August 2015 (the effective date), Mr. Ng Hoi Yue was re-designated from an independent non-executive Director to an executive Director and has been appointed as the Deputy Chief Executive Officer of the company. Accordingly, Mr. Ng Hoi Yue, has stood down as the non-executive chairman of the Board, as well as chairman and member of each of the Audit Committee and Remuneration Committee of the company.
Mr. Ng Hoi Yue joined the Board on 15 March 2013. He is currently an independent non-executive director of See Corporation Limited and Imperial Pacific International Holdings Limited. The Board announced that, from the effective date, Mr. Ng Ong Nee, the chief executive officer and executive Director of the company, has been appointed as the Chairman of the Board.
The Board announced that with effect from the effective date, Mr. Tong Hung Wai, Tommy resigned as an authorised representative of the company under the Listing Rules, and an authorised representative of the Company for accepting service of process and notices in Hong Kong on behalf of the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong); and Mr. Ng Hoi Yue, who was re-designated as an executive Director, was appointed as the authorised representative of the company under the Listing Rules and Part 16 of the Companies Ordinance in place of Mr. Tong Hung Wai, Tommy. The Board announced that with effect from the effective date, Mr. Chung Koon Yan, the independent non-executive Director, was appointed as the chairman of the Audit Committee and the Remuneration Committee. The Board also announced that with effect from the Effective Date, Dr. Lui Ming Wah, SBS JP, the independent non-executive Director, was appointed as a member of the Audit Committee.
