PDF《CHANGE OF DIRECTORS AND》

17 December

2015 to

14 November 2016. He is a chief operating officer of the Company since

15 August 2015. * For identification purpose only

3 Save as disclosed above, Mr. Lu (i) does not have any relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company;

(ii) does not have and is not deemed to have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Cap

571 of the laws of Hong Kong) (the SFO );

(iii) has not held any other directorship in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the past three years;

and (iv) does not hold any other positions in the Company and its subsidiaries as at the date of this announcement. There are no other matters or information relating to the appointment of Mr. Lu that need to be brought to the attention of the shareholders of the Company or to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Listing Rules. Pursuant to the service agreement dated

9 March

2017 entered into between the Company and Mr. Lu, Mr. Lu will hold office for an initial term of three years commencing on

9 March

2017 which will continue thereafter. During the tenure, the appointment may be terminated by either party giving the other not less than three months'

notice in writing. The annual base salary of Mr. Lu shall be HK$600,000. Mr. Lu is also entitled to discretionary bonus to be determined at the discretion of the Board or, if so delegated, the Remuneration Committee. The remuneration of Mr. Lu was determined and recommended by the Remuneration Committee and approved by the Board based on his qualifications, experience, level of responsibilities undertaken and prevailing market conditions. The remuneration of Mr. Lu will be subject to annual review by the Remuneration Committee or the Board (as the case may be). The biographical details of Mr. Tsang are set out below: Mr. Tsang, aged 55, has over

22 years of experience in finance, accounting and auditing. Mr. Tsang obtained a professional diploma in accountancy from Hong Kong Polytechnic (currently known as the Hong Kong Polytechnic University) in November

1987 and a master of professional accounting from the Hong Kong Polytechnic University in November 2000. Mr. Tsang is a fellow member of the Hong Kong Institute of Certified Public Accountants (FCPA) and a fellow member of the Chartered Association of Certified Accountants (FCCA).

4 From May 2013, Mr. Tsang is a chief financial officer of Xin Dau Ji Catering Holdings (HK) Limited. He was an independent non-executive director of ICube Tec........