The Board of Directors of Pioneer Global Group Limited announced that Mr. Kenneth Gaw, an executive director of the company, will resign as a member of the remuneration committee of the company with effect from April 1, 2014 due to reallocation of work responsibilities, but Mr. Gaw will remain as managing director and an executive director of the company. After Mr. Gaw's resignation, the remuneration committee will consist of three independent non-executive directors, including Mr. Arnold Tin Chee Ip (Chairman), Dr. Charles Wai Bun Cheung, JP and Mr. Stephen Tan.