The board of directors of Kader Holdings Company Limited (the "Company", together with its subsidiaries, the Group) announced that Mr. Lao Wai Keung (Mr. Lao) will be appointed as an Executive Director of the Company with effect from 1 July 2021. Mr. Lao, aged 56, joined the Group as the Financial Controller in 2011 and is currently the Company Secretary of the Company. He is primarily responsible for overall financial, accounting and company secretarial matters of the Group. Mr. Lao also holds various positions in a number of subsidiaries of the Company. Prior to joining the Group, Mr. Lao had more than 20 years of experience in auditing and finance from an international audit firm and various Hong Kong listed companies. Mr. Lao is employed as Financial Controller and Company Secretary of the Company. He is appointed as an Executive Director of the Company commencing from 1 July 2021. In accordance with the Company's Bye-laws and the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Main Board Listing Rules"), Mr. Lao shall hold office until the next following annual general meeting of the Company and shall then be eligible for re-election for a term of not more than three years.