The board of directors of Union Steel Holdings Limited announced that Mr. Ho Kian Teck has resigned as the Chief Operating Officer of the company with effect from August 24, 2018. As Mr. Ho also assumes the roles and responsibilities of the company's Group Financial Controller, the company is in the process of finding a suitable candidate to oversee the Group's financial, treasury, taxation and other corporate compliance matters and will announce the appointment in due course. In the interim, Ms. Liu Wenjuan, the Finance Manager of the company, will oversee the Group's financial, treasury, taxation and other corporate compliance matters.