The board of directors of Modern Media Holdings Limited announced that Mr. Au-Yeung Kwong Wah tendered his resignation from the positions of an independent non-executive Director, the chairman of the audit committee and the remuneration committee of the Board respectively and a member of the nomination committee of the Board with effect from 30 September 2019 as he wishes to devote more time to pursue his own personal career Meanwhile, Mr. YICK Wing Fat Simon has been appointed as an independent non-executive Director and the chairman of the Audit Committee and the Remuneration Committee respectively and a member of the Nomination Committee with effect from 1 October 2019. Mr. Yick will hold office until the next following general meeting and shall then be eligible for re-election at such general meeting. YICK Wing Fat Simon has over 35 years of experience in corporate finance, direct investment and audit. Mr. Yick serves as an independent non-executive director, chairman of the remuneration and nomination committee and member of audit and compliance committee of the board of directors of Nexteer Automotive Group Limited; an independent non-executive director, chairman of the audit committee and member of remuneration committee and nomination committee of the board of directors of Shenzhen Neptunus Interlong Bio-technique Holdings Company Limited, China Singyes Solar Technologies Holdings Limited and Shanghai International Shanghai Growth Investment Limited. Mr. Yick is also an independent director of Chengdu Xingrong Environment Co. Ltd.