The Nominating Committee of Hong Fok Corporation Limited has reviewed the credentials and experience of Mr. Cheong Tze Hong and recommended his appointment as Alternate Director to Mr. Cheong Pin Chuan. The Board of Directors has accepted and approved his appointment based on the recommendation of the Nominating Committee. The appointment is executive. Alternate director to Mr. Cheong Pin Chuan, who is principally involved in the Group's overall operations and management with greater emphasis in Hong Kong.