The board of directors of Joyas International Holdings Limited informed that the company has established an investment committee (the IC) of the Board on May 19, 2014. The IC shall be responsible to review the investment activity of the company and to make recommendations to the Board on the company's investment strategy and policy as well as possible future business diversification strategies. The composition of the IC is Mr. Cheung Wai Hung, Danny as Chairman, Mr. Ong Chor Wei as Member and Mr. Kwok Chin Phang as Member.

The IC will report directly to the Board.