The board of directors of UKF (Holdings) Limited announced that Mr. Lau Siu Ki has tendered his resignation as an independent non-executive Director with effect from 15 March 2016 as he devote more time on his personal business. Upon his resignation of the directorship, he would also cease to be the chairman of Audit Committee of the Company (the Audit Committee), member of Nomination Committee of the Company (the Nomination Committee) and Remuneration Committee of the Company (the Remuneration Committee). Mr. Lau has confirmed that he has no disagreements with the Board and there is nothing needed to be brought to the attention to the shareholders of the Company in relation to his resignation. On the same date, the Board has appointed Ms. Mak Yun Chu (Ms. Mak) as an independent non-executive Director, chairman of Audit Committee, member of Nomination Committee and Remuneration Committee to replace Mr. Lau with effect from 15 March 2016.
Ms. Mak has over 10 years of experience in accounting and administration. Ms. Mak has been an independent non-executive director of Heng Tai Consumables Group Limited, a company listed on the main board of The Stock Exchange of Hong Kong Limited since April 2004 and was an independent non-executive director of Wealth Glory Holdings Limited, a company listed on the Growth Enterprise Market of the Stock Exchange from September 2010 to November 2013.