Polytec Asset Holdings Limited Announces the Demise of Lau Sui Cheung, the Company Secretary

Polytec Asset Holdings Limited is a Hong Kong-based investment holding company principally engaged in property and petroleum-related businesses. The Company operates through four segments. Properties segment is engaged in the investment, trading and development of properties. Oil segment is engaged in oil exploration and production-related businesses. Ice and Cold Storage segment is engaged in the manufacture of ice and the provision of cold storage-related services. Others segment is engaged in other businesses, such as financial investment and general trading, among others. Its subsidiaries include Sinocharm Trading Limited, Acestart Investments Limited, Noble Prime International Limited, Power Charm International Limited and Power Mighty Limited, among others.