The board of directors of Kin Yat Holdings Limited announced that Mr. Chui Pak Shing has resigned as an executive director of the company with effect from 3 January 2014 due to his pursuit of other career developments. Mr. Chui has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited in connection with Mr. Chui's resignation.