King Fook Holdings Limited announced that at the Annual General Meeting held on September 11, 2020, Mr. Yeung Ka Shing an executive director of the Company, retired by rotation and Mr. Ng Ming Wah, Charles was elected as a non-executive director of the Company. Mr. Yeung did not seek re-election due to his other business commitment and has confirmed that there is no disagreement with the board of the Company and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company. Mr. Ng, has been appointed as a non-executive director of the Company and of King Fook Jewellery Group Limited. Mr. Ng is an executive director of Somerley Capital Limited, a licensed corporation under the Securities and Futures Ordinance. Mr. Ng has extensive experience in corporate finance and management and in reviewing and analysing in depth financial statements of public companies.