GBA Holdings Limited announced that Ms. Cheng Yuk Ching, Flora has resigned as an executive Director, the Deputy Chairman and a member of each of the Remuneration Committee and the Nomination Committee with effect from 1 August 2022. Mr. Chow Siu Ngor has resigned as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee with effect from 1 August 2022. Mr. Yuk Kai Yao has been appointed as the Deputy Chairman and a member of each of the Remuneration Committee and the Nomination Committee with effect from 1 August 2022. Mr. Lau Yik Lok has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from 1 August 2022. Mr. Lau, aged 60, has been the managing director of Excellent Network Limited since 2010, a company principally engaged in providing professional immigration advisory services and talks, and assisting in processing applications to clients in the PRC, including the
management of China's state-owned enterprises. Mr. Lau served as an independent non-executive director of Pak Wing Group (Holdings) Limited (currently named Quantong Holdings Limited) ("Pak Wing Group") (stock code:
8316) from January 2017 to August 2018, a company listed on the GEM of the Stock Exchange. He has also been appointed as a non-executive director of Grand Talents Group Holdings Limited (stock code: 8516) from December 2017 to November 2019, a company listed on the GEM of the Stock Exchange. He also served as an executive director and a chief executive officer of Pak Wing Group from September 2020 to February 2021. Mr. Lau worked in JB Group from 2003 to 2009 with his last position held as Group consultant. He also worked in Asia Commercial Bank from September 2001 to August 2003 with his last position held as account manager and DBS (Hong Kong) from November 1993 to August 2001 with his last position held as assistant manager. He also worked in Standard Chartered Bank (Hong Kong) Limited from 1983 to 1989 with his last position held as supervisor. Mr. Chow had ceased to be a member of the Audit Committee, and Mr. Lau was appointed as a member of the Audit Committee. Mr. Chow and Ms. Cheng had ceased to be the chairman and the member of the Remuneration Committee respectively. Mr. Lau and Mr. Yuk Kai Yao ("Mr. Yuk" have been appointed as the chairman and the member of the Remuneration Committee respectively. Ms. Cheng and Mr. Chow had ceased to be the members of the Nomination Committee. Mr. Yuk and Mr. Lau have been appointed as the members of the Nomination Committee.