Public Holdings (Australia) Limited announced that in connection with completion of the sale of the shares held by Atlas Securities Pty Ltd, Mr. Bryan Frost, Mr. Peter Chapman and Mr. Clayton Dodd have been appointed as directors and will join Mr. Oreste Biziak on the PHA Board. Mr. Yuan-Yi Lao, Ms Ying-Fang Mei, Mr. Shu-Lin Xin and Mr. Wai-Kin Yeung have each resigned as Directors of PHA.