The Board of G-Resources Group Limited announced that, Dr. Or Ching Fai, the vice-chairman of the company, an independent non-executive Director, a chairman of both of the audit committee and remuneration committee of the Company and a member of the nomination committee of the Company, will retire from office upon the conclusion of the upcoming AGM pursuant to the Bye-laws. Dr. Or has decided not to offer himself for re-election as a Director at the forthcoming AGM to devote more time to pursue his other business engagements. Dr. Or has confirmed that he has no claim against the Company in respect of fees or compensation for loss of office and he has no disagreement with the Board. Save as disclosed above, there is no matter relating to his retirement that needs to be brought to the attention of the Shareholders.