Lionhub Group Limited announced that it has appointed Mr. Joseph Bek as acting chief executive officer. Mr. Bek has over 20 years of experience in real estate and operation management, including the management of several large scale projects in China. Prior to his appointment with LionHub Australia, he held several senior posts with well-established property developers in China, Hong Kong and Singapore and has extensive experience in business development, investment, asset management, property and general management. Mr. Bek's appointment has been made effective from 26 February 2018. The Board wishes to acknowledge the contribution of Mr. Charles Lim to the development of the company. Mr. Lim has stepped down as Chief Executive Officer of the company with immediate effect. Mr. Lim has kindly agreed to continue providing advice and assistance to the company as necessary during a transition period.