The board of directors of Casablanca Group Limited together with its subsidiaries, collectively the (Group) announced that Mr. Cheng Sze Tsan an Executive Director of the company and the Vice-chairman of the board, has been appointed as the Chief Executive Officer of the company with effect from September 1, 2016. Mr. Cheng is one of the founders of the group to establish the group's business in May 1993. He was appointed as a director of the company on April 2, 2012 and re-designated as an Executive Director of the company and Vice-chairman of the board on October 22, 2012. He is currently a Director of all the subsidiaries of the Group incorporated in Hong Kong and the British Virgin Islands.