The board of directors of Hong Kong Food Investment Holdings Limited announced that Mr. Tai Chun Leung has been appointed as an executive director of the Company and the vice chairman of the Group with effect from 1 January 2018. Mr. Tai holds office until the next following annual general meeting of the Company and shall be eligible for re-election pursuant to Article 96 of the Company's Articles of Association. Thereafter, he will be subject to retirement by rotation and re-election at the Company's annual general meetings in accordance with the Article 105(A) of the Company's Articles of Association.