Continental Holdings Limited and its subsidiaries announced that with effect from January 1, 2017, Dr. Chan Sing Chuk, Charles will step down as Chairman of the Board but remains as Executive Director of the company. Subsequent to his resignation as Chairman, Dr. Chan ceased to be the chairman of Nomination Committee of the company. The Board also announced that Mr. Yam Tat Wing will resign as the Executive Director of the company and General Manager - Business Development and Mining of the Group as he would like to devote more time to his personal commitments. He will be re-designated from Executive Director to Non-executive Director of the Company with effect from January 1, 2017.