The board of Directors of Guan Chao Holdings Limited announced that Mr. Khung Poh Sun has tender his resignation as an executive Director with effect from 6 July 2020 due to his personal matters. Mr. Khung remains as an employee of the Group holding the position as a director of the operations and logistics department following his resignation as an executive Director. The Board also announced that Ms. Beng Lee Ser Marisa has been appointed as an executive Director with effect from 6 July 2020. Ms. Beng Lee Ser Marisa, aged 46, is the Group's Chief Operating Officer. She has been with the Group since its inception, and is currently responsible for the Group's branding and marketing strategy and affairs. In addition, she oversees the Group's human resources and employee engagement matters. Previously, she was also involved in the management and implementation of the Group's operational and administrative processes. Ms. Beng is the spouse of Mr. Tan Shuay Tarng Vincent, an executive Director, the Group's Chairman and Chief Executive Officer, and she is the step-sister of Ms. Ng Hui Bin Audrey, an executive Director of the company.