The board of directors of KNK Holdings Limited announced that the Board has accepted the resignation of Ms. Sin Pui Ying ("Ms. Sin") as executive Director of the Company with effect from 8 January 2021 for the reason that she requires more time to pursue her other business engagement. Ms. Sin confirmed that she has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited relating to her resignation.