North Asia Strategic Holdings Limited announced that after been serving as an executive director of the Company for about 7 years, Mr. Pierre Tsui Kwong Ming has stepped aside from his executive role within the Group and is designated as a non-executive director of the Company with effect from the date of this announcement. Mr. Pierre Tsui Kwong Ming, aged 58, joined the Company in February 2015 as an independent non-executive Director. He was re-designated as an executive Director on 24th February 2016.

Upon Mr. Tsui's re-designation, he was appointed as the Chief Financial Officer of the Group's hi-tech distribution and services division until his appointment as the Chief Executive Officer of this division on 9th October 2017. During the period from 2006 to 2014, he was an executive director, the chief financial officer and company secretary of International Mining Machinery Holdings Limited, a company whose shares were listed on the Stock Exchange until 2012. He has comprehensive operating and financial experience in hi-tech distribution and services business.

Mr. Tsui obtained his Master's degree in Accounting and Finance from the London School of Economics & Political Science, UK and a Master's degree in Business Administration from University of Southern California, the United States. He has been a member of the Hong Kong Institute of Certified Public Accountants since 1995 and the American Institute of Certified Public Accountants since 1995.