The board of directors of Eagle Ride Investment Holdings Limited announced that the Company has appointed Mr. Vichai Phaisalakani as an independent non-executive director, the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee with effect from 23 January 2020. Vichai Phaisalakani as acted as an Independent Non-executive Director of the Company during the period from 1 November 2013 to 30 November 2019. Mr. Phaisalakani had served as the Chief Financial Officer of ATAL Engineering Limited, a company listed on the Main Board of the Hong Kong Stock Exchange, until December 2019.