The Board of EFT Solutions Holdings Limited announced that Mr. Lui Hin Weng Samuel (Mr. Lui) has been re-designated from an independent non-executive Director to a non-executive Director and has ceased to be the chairman and member of the audit committee of the company with effect from 9 August 2017. In respect of the aforesaid re-designation, the Board believes that it will benefit from Mr. Lui's contribution and advice in his new role as a non-executive Director. The board also announced the Board has resolved on 9 August 2017 to appoint Ms. Yang Eugenia (Ms. Yang) as an independent non-executive Director and the chairman of the audit committee of the company with effect from 9 August 2017. From August 2005 to May 2006, Ms. Yang was an independent non-executive director of Nority International Group Limited. Ms. Yang was also an independent non-executive director of Millennium Pacific Group Holdings Limited. Ms. Yang is currently an independent non-executive director of China Oil Gangran Energy Group Holdings Limited.