The board of directors of Pak Tak International Limited announced that Mr. Cheung Chi Mang has resigned as an executive director of the company and the chairman of the Board due to his other business commitment which requires more of his time with effect from September 8, 2016. Mr. Cheung also ceases to act as the chairman of the corporate governance committee and the member of each of the nomination committee and the remuneration committee of the company. The Board announced that Ms. Qian Pu has been appointed as an executive director of the company to fill the casual vacancy resulting from Mr. Cheung's resignation with effect from September 8, 2016. Ms. Qian has over 2 years of managerial experience in finance investment. She has been working as an assistant general manager of Shenzhen Shi Li Cheng Investment and Management Company Limited since 2014. Mr. Wang Jian, the existing executive director of the company, has been appointed as the chairman of the Board with effect from September 8, 2016. Mr. Ko Kin Chung, the existing executive director and the chief executive officer of the company, has been appointed as the chairman of the corporate governance committee with effect from September 8, 2016. He remains as the member of the nomination committee and the remuneration committee of the company.