The board of directors of Luen Wong Group Holdings Limited and its subsidiaries announced that Mr. Wong Che Kwo has tendered his resignation as an Executive Director of the company and ceased to be the chairman of the board, the chairman of the company's Nomination Committee, an Authorised Representative and Process Agent (hereinafter defined) of the company as he wishes to devote more time to his other business commitment with effect from May 21, 2018. Following the resignation of Mr. C.K. Wong, the board announced that Mr. So Kwok Hung, being an Executive Director of the company, has been appointed to replace Mr. C.K. Wong as the chairman of the Board and the chairman of the nomination committee of the company with effect from May 21, 2018. The board further announced that Mr. Woo Yuen Fai has resigned as the Company Secretary and the Authorised Representative of the company as he wishes to devote more time to his other business commitment with effect from May 21, 2018. Mr. So Kwok Hung has been appointed to replace Mr. C.K. Wong as one of the Authorised Representatives of the company, with effect from May 21, 2018. Mr. So Pan has been appointed to replace Mr. Woo as the Company Secretary and one of the Authorised Representatives of the company.