The board of Directors of Kwan On Holdings Limited announced that Ms. Chan Yuet Kwai has resigned as the chief financial officer, the company secretary and the authorized representative of the Company with effect from 14 February 2019. Following the resignation of Ms. Chan, the Board announced that Mr. Fung Kwok Wai has been appointed as the Chief Financial Officer, Company Secretary and Authorized Representative in place of Ms. Chan with effect from 14 February 2019. Mr. Fung has 30 years' experience in auditing, finance, accounting and company secretarial work.