The board of directors of Century Ginwa Retail Holdings Limited announced that Mr. Kam Hou Yin, John has tendered his resignation as an executive director and the chief executive officer of the company with effect from 31 October 2018 to pursue his own career development. The company is in the process of searching for a suitable candidate to fill the vacancy left by Mr. Kam. Mr. Kam has confirmed that he has no disagreement with the Board and there are no other matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company in respect of his resignation as an executive director and the chief executive officer of the company.