The Board of directors of Hsin Chong Group Holdings Limited announced that, with effect from 27 September 2019, Mr. George YUEN Kam Ho (‘Mr. Yuen’) has resigned as an independent non-executive Director of the Company as he would like to devote more time to his business engagement. Following Mr. Yuen's resignation, he has also ceased to be a chairman of the Nomination Committee, member of the Audit, Remuneration, Risk Management and Corporate Governance Committees of the Company with effect from that date. The Board announced that, with effect from 27 September 2019, Dr. LAM Lee G. (‘Dr. Lam’) has resigned as an independent non-executive Director of the Company as he would like to devote more time to his business engagement. Following Dr. Lam's resignation, he has also ceased to be a chairman of the Risk Management Committee, member of the Audit, Remuneration, Nomination and Corporate Governance Committees of the Company with effect from that date. The Board announced that, with effect from 27 September 2019, Dr. LO Wing Yan William (‘Dr. Lo’) has resigned as an independent non-executive Director of the Company as he would like to devote more time to his business engagement. Following Dr. Lo's resignation, he has also ceased to be a chairman of the Audit and Risk Management Committees, member of the Remuneration, Nomination and Corporate Governance Committees of the Company with effect from that date. The Board announced that, with effect from 27 September 2019, Prof. HUNG Wai Man (‘Prof. Hung’) has resigned as an independent non-executive Director of the Company as he would like to devote more time to his business engagement. Following Prof. Hung's resignation, he has also ceased to be a chairman of the Remuneration Committee, member of the Audit, Nomination, Risk Management and Corporate Governance Committees of the Company with effect from that date.