International Housewares Retail Company Limited announced that Mr. Neo Sei Lin Christopher has tendered his resignation as independent non-executive director of the Company with effect from 1 May 2018 due to his other business commitment. Following his resignation, Mr. Neo will cease to be a member of the audit committee, nomination committee and remuneration committee of the Company. The Board announced that Mr. Lau Chun Wah Davy will be appointed as independent non-executive director of the Company and member of the audit committee, nomination committee and remuneration committee of the Company with effect from 1 May 2018. Mr. Lau served as an independent non-executive director and a non-executive chairman of AL Group Limited (shares of which are listed on The Stock Exchange of Hong Kong Limited; between 15 June 2016 and 12 July 2017. Since June 2015, Mr. Lau has been serving as an independent director and the chairman of the nominating and remuneration committee of Manulife US Real Estate Management Pte. Ltd., the manager of the real estate investment trust (REIT), Manulife US Real Estate Investment Trust, which has been listed on the Singapore Exchange since 20 May 2016.