The board of directors of International Entertainment Corporation announced that Mr. Chan Chun Yiu Thomas (formerly known as Chan Chee Choi) has resigned as the chief executive officer of the Company (the CEO) with effect from 1 September 2020 due to his other increasing personal and business commitments which demand more time for his attention. He remains as a consultant to the Company. Following the resignation of Mr. Chan, Mr. Ho Wong Meng (Mr. Ho) has been appointed as the CEO with effect from 1 September 2020. Mr. Ho, aged 48, possesses more than 20 years of extensive experience and exceptional expertise in the gaming and hospitality industry, mainly with the Genting Group. He also has a vast knowledge and experience in the establishment and operation of casinos and integrated resorts throughout the industry. Mr. Ho specializes in and has deep understanding of the Asian gaming and hospitality industries. Mr. Ho is the executive chairman and director of Frontier Capital Group Limited. Mr. Ho shall hold office only until the next following general meeting of the Company and shall then be eligible for re-election at that meeting in accordance with the articles of association of the Company.