Herald Holdings Limited announced that Mr. Tang King Hung will retire as an executive director and the Managing Director of the company with effect from 1 July 2015, due to his other personal commitments. Upon his retirement, Mr. Tang will also cease to be a member of the Remuneration Committee and an authorized representative of the company; and Mr. Shum Kam Hung, the Company Secretary of the company, will be appointed as an executive director, the Managing Director, a member of the Remuneration Committee and an authorized representative of the company with effect from 1 July 2015.