The board of directors of Capital Finance Holdings Limited announced that Dr. Wong Wing Kuen Albert has resigned as an independent non-executive Director, the chairman of the audit committee, a member of each of the remuneration committee and nomination committee of the company, all with effect from 1 January 2022 due to his other business commitments which require more of his dedication. The Board also announces that Mr. Chan Ngai Fan will be appointed as an independent non-executive Director, the chairman of the Audit Committee, and a member of each of the Remuneration Committee and the Nomination Committee, all with effect from 1 January 2022. He last served as a non-executive director of Mingwah until March 2019. Mr. Chan is currently an independent non-executive director of Leader Education Limited and Sanxun Holdings Group Limited since July 2020 and September 2019 respectively.