The board of directors of Tai United Holdings Limited announced that, with effect from 11 July 2017, Mr. Chua Hwa Por had resigned as the chairman of the Board and an executive Director due to his other business commitments. The Board announced that with effect from 11 July 2017, Dr. Meng Zhaoyi, the executive Director and chief executive officer, will be appointed as the acting chairman of the Board and will tentatively hold office as the chairman of the Board, subsequent to the resignation of Mr. Chua. Dr. Meng, aged 57, was appointed as an executive Director and chief executive officer since 24 May 2016 and 8 June 2016, respectively. Dr. Meng was appointed on 8 July 2016, and ceased to act on 1 February 2017, as the chairman of the Board.