The Board of Prime Intelligence Solutions Group Limited announced that to take effect from 2 March 2020, Mr. Mui Pak Kuen will be re-designated from the position of independent non-executive Director to the position of executive Director and will cease to act as the chairman and a member of the Remuneration Committee, and a member of each of the Audit Committee and the Nomination Committee; Mr. Poon Wai Hung Richard is appointed as an independent non-executive Director, and a member of each of the Remuneration Committee, the Audit committee and the Nomination Committee. Mr. Chung Billy, an independent non-executive Director, is appointed as the Chairman of the Remuneration Committee in place of Mr. Mui Pak Kuen. Mr. Poon will be responsible for overseeing the management independently and providing independent judgement on the issues of strategy, performance, resources and standard of conduct of the Group. Mr. Poon, aged 55, has over 26 years of experience in the accounting, auditing, internal auditing and corporate finance in Hong Kong and the PRC. Since March 2001, he has been the sole practitioner of Richard Poon & Co., Certified Public Accountants. Mr. Poon has also been serving as the managing director of Richard Poon & Partners (C.P.A.) Limited since August 2013. As at the date of this announcement, Mr. Poon, in the last three years, did not hold any directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas, nor hold any other position with the Company or any of its subsidiaries.