The board of directors of Far East Horizon Limited announced that Ms. Shi Dai resigned as a non-executive director and a member of the remuneration and nomination committee of the company with effect from 18 March 2013 due to other business engagements. The board of the company announced that Mr. Kuo Ming-Jian was appointed as a non-executive director and a member of the remuneration and nomination committee of the company with effect from 18 March 2013. Mr. Kuo has been a Senior Advisor of Blackstone Private Equity since January 2013.

Prior to this, Mr. Kuo was a Senior Managing Director of Blackstone Private Equity since 2008. Mr. Kuo also led the firm's direct investment activities in the region as the Vice Chairman of Blackstone, greater China, since October 2007.