The Board of Directors of Wong's Kong King International (Holdings) Limited announced that Dr. Peter Chung-Yin Lee, an independent non-executive director, a member of the audit committee and the remuneration committee, passed away on 20 December 2013. Following the pass away of Dr. Peter Chung-Yin Lee, the board will comprise ten members including five executive Directors, two non-executive Directors and three independent non-executive Directors, with the number of independent non-executive Directors falling below one-third of the Board as required under Rule 3.10A of the Listing Rules. The audit committee members decreased from three to two, which falls short of the minimum number required under Rule 3.21 of the Listing Rules.