The board of directors of 21 Holdings Limited announced that the appointment of Mr. Lei Hong Wai as the chairman of the Board and an executive director, authorised representative, the chairman of nomination committee and a member of remuneration committee of the Company with effect from 10 April 2014. Mr. Lei, aged 45, has over 15 years of extensive experience in corporate management, investment and business development. The Board of the company announced that the appointment of Mr. Cheung Kwok Fan as an executive director of the Company with effect from 10 April 2014.

Mr. Cheung, aged 46, has over 20 years' working experience in the field of architecture. The Board of the Company announced that the appointment of Ms. Chio Chong Meng as an independent non-executive director, the chairman of remuneration committee, member of audit committee and nomination committee of the Company with effect from 10 April 2014. Ms. Chio has over 18 years of experiences in hospitality industry and played a few senior executive roles including in a reputable chain hotel in Macau.

Her previous position was a general manager of a hotel in Macau. The Board of the Company announced that the appointment of Mr. Wong Tak Chuen as an independent non-executive director and the chairman of audit committee of the Company with effect from 10 April 2014. Wong is currently the chief financial officer and the company secretary of a company listed on the Main Board of the Stock Exchange.

The Board of the Company announced that the appointment of Mr. Man Kong Yui as an independent non-executive director, member of audit committee, remuneration committee and nomination committee of the Company with effect from 10 April 2014. Man is currently a general manager of securities brokerage firm. The Board of the Company announced that the resignation of Mr. Ng Kai Man as the chairman of the Board, authorised representative and a member of remuneration committee but remains as an executive director of the Company with effect from 10 April 2014.

The Board of the Company announced that due to his other business commitments, Mr. Lui Siu Tsuen, Richard has resigned as an independent non-executive director, the chairman of audit committee and remuneration committee and a member of nomination committee with effect from 10 April 2014. The Board of the Company hereby announced that due to other business commitments, Ms. Cheung Sze Man has resigned as an independent non-executive director, member of audit committee and nomination committee with effect from 10 April 2014.