The board of directors of L.K. Technology Holdings Limited announced that Mr. Chan Wah Tip, Michael will retire as an Independent Non-executive Director of the company upon the expiry of his current term of appointment with effect from September 24, 2013. Consequently, Mr. Chan will cease to be the chairman of the Nomination Committee and a member of the Audit Committee and the Remuneration Committee of the company. Dr. Low Seow Chay, who is currently an Independent Non-executive Director of the company and also a member of the Nomination Committee, has been appointed as the chairman of the Nomination Committee with effect from September 24, 2013.