E151132711Ann.indd

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 36)


RESIGNATION OF EXECUTIVE DIRECTOR, CHANGES IN AUTHORIZED REPRESENTATIVE AND THE COMPOSITION OF BOARD COMMITTEES


The Board announces that with effect from 9 November 2015:


  1. Mr. Chiu has tendered his resignation as an Executive Director of the Company and ceased to be the Authorized Representative and a member of each of the Remuneration Committee and Nomination Committee of the Company;


  2. Mr. Yu has been appointed as the Authorized Representative of the Company; and


  3. Dr. Wong has been appointed as a member of each of the Remuneration Committee and Nomination Committee of the Company.


The board (the 'Board') of directors (the 'Director(s)') of Far East Holdings International Limited (the 'Company') announces that Mr. Derek Chiu ('Mr. Chiu') has tendered his resignation as an Executive Director of the Company with effect from 9 November 2015 due to pursuing his other business opportunities. As a result of his resignation from the Board, Mr. Chiu ceased to be the Authorized Representative and a member of each of the Remuneration Committee and Nomination Committee of the Company with effect from 9 November 2015.


Mr. Chiu has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.


The Board would like to take this opportunity to thank Mr. Chiu for his valuable contributions made to the Company during his tenure of service.

CHANGE IN AUTHORIZED REPRESENTATIVE


The Board is pleased to announce that Mr. Yu Pak Yan, Peter ('Mr. Yu'), an Executive Director of the Company, has been appointed as the Authorized Representative of the Company with effective from 9 November 2015. The biographical details of Mr. Yu have been disclosed in the annual report 2014 of the Company published on 29 April 2015.


CHANGES IN THE COMPOSITION OF BOARD COMMITTEES


The Board is pleased to announce that Dr. Wong Yun Kuen ('Dr. Wong'), an Independent Non-executive Director of the Company, has been appointed as a member of each of the Remuneration Committee and Nomination Committee of the Company with effect from 9 November 2015. The biographical details of Dr. Wong have been disclosed in the annual report 2014 and the interim report 2015 of the Company published on 29 April 2015 and 10 September 2015 respectively.


By Order of the Board

Far East Holdings International Limited Yu Pak Yan, Peter

Executive Director


Hong Kong, 9 November 2015


At the date of this announcement, the Board comprises five Directors, of which two are executive Directors, namely, Mr. Yu Pak Yan, Peter and Mr. Fok Chi Tak; and three are independent non-executive Directors, namely, Mr. Chan Ming Sun, Jonathan, Dr. Wong Yun Kuen and Ms. Kwan Shan.

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