The board of directors of Geotech Holdings Ltd., together with its subsidiaries announced that Mr. Cheung Ting Kam, an executive Director and a member of the remuneration committee and the vice chairman of the Board, passed away on 21 January 2018. Under recommendation from the nomination committee of the Board, the Board has appointed Mr. Kung Ho Man, the chief executive officer of the company and an executive Director, as a member of the remuneration committee of the Board.