The board of directors of Lam Soon (Hong Kong) Limited announced that Mr. LO Kwong Chi, Clement who decided not to seek for re-election as a director at the annual general meeting held on 20 November 2013 (AGM) as he has reached retirement age, retired as independent non-executive director (INED) of the company after the conclusion of the AGM. Mr. Lo ceased to be the Chairman of Board Audit Committee (BAC) and Board Remuneration Committee (BRC) of the company following his retirement as an INED. The Board also announced that Mr. Lo Kai Yiu, Anthony and Mr. Au Chee Ming, INEDs of the company have been re-designated as the Chairman of the BAC and the BRC respectively with effect from 20 November 2013 after the conclusion of the AGM.

The Board is also announced that Mr. Lester Garson HUANG, JP has been appointed as an INED as well as a member of the BAC and a member of the BRC with effect from 20 November 2013 after the conclusion of the AGM. Mr. Huang, aged 54, is a practicing solicitor and notary public, and is currently a managing partner of P.C. Woo & Co.