The board of directors of CASH Financial Services Group Limited announced that Ms Cheng Pui Lai Majone has tendered her resignation as executive director and chief executive officer of the company with effect from 1 August 2017 due to family reason. The Board further announced that Mr. Chan Chi Ming Benson will be appointed as an executive director and the chief executive officer of the company with effect from 1 August 2017. Mr. Chan is appointed as executive director of the company as well as its subsidiaries.

Mr. Chan will be in charge of the overall business development and management of the Group. Mr. Chan has more than 20 years of experience in the field of investment banking and corporate finance, securities and futures brokerage, asset and wealth management, auditing and accounting. The Board also announced that Ms. Cheng will cease to be an authorised representative of the company with effect from 1 August 2017 due to her resignation as an executive director of the company.

The Board further announced that Mr. Chan will be appointed as the Authorised Representative in place of Ms. Cheng with effect from 1 August 2017.