The board of GreaterChina Professional Services Limited announced that Mr. Leung Siu Hong, an executive Director, retired at the AGM held on 3 August 2012 and did not offer himself for re-election as a director due to other business engagement which requires more of his dedication. Following the retirement of Mr. Leung as an executive director of the company, Mr. Leung ceased to be the member of the nomination committee and the compliance officer of the company with effect from 3 August 2012. The board announced that Mr. Ip Kwok Kwong, an executive director of the company, has been appointed as a member of the nomination committee and the compliance officer of the company with effect from 3 August 2012.