The board of directors of Vestate Group Holdings Limited announced that Mr. LEUNG Man Ho will resign as an independent non-executive Director and cease to be the member of the audit committee, remuneration committee and nomination committee of the Board with effect from 29 September 2018 in order to devote more time to his other personal commitment. Mr. CHAU Wai Hing, an independent non-executive Director, has been appointed as a member of the remuneration committee of the Board with effect from 29 September 2018.