The board of directors of Mongolia Energy Corporation Limited announced that Mr. Lo, Rex Cze Kei has been appointed as a non-executive Director of the company, and Mr. Lee Kee Wai, Frank has been appointed as an independent non-executive Director, a member of the audit committee and the remuneration committee of the company, both with effect from 21 October 2016. Mr. Lo, has over 7 years of experience in property business and general management. Mr. Lee is the Senior Partner of Messrs. Vincent T.K. Cheung, Yap & Co., Solicitors and Notaries. Mr. Lee is also an independent non-executive director of Pico Far East Holdings Limited and Vision Values Holdings Limited.