The Board of Directors Vashion Group Ltd. announced the resignation of Mr. Chan Siew Wei as a Chairman and Lead Independent Director of the Company with effect from 30 September 2017. Following his resignation, Mr. Chan will also relinquish his position as Chairman of the Audit, Remuneration and Nominating Committees with effect from 30 September 2017. Mr. Jacob Leung Kwok Kuen have been redesignated from Non-Executive Non- Independent Director to Independent Director of the Company, with effect from 30 September 2017. Mr. Jacob Leung would be appointed as Chairman of Nominating and Remuneration committees and member of Audit Committee.