SOUTH CHINA HOLDINGS COMPANY LIMITED The board announced that Chiu Sin Chun, an independent non-executive Director, retired as a Director by rotation in accordance with Article 116 of the Articles of Association of the Company at the conclusion of the AGM held on June 21, 2022. Chiu did not offer himself for re-election at the AGM, and accordingly, he ceased to be an independent non-executive Director upon the conclusion of the AGM. Upon his retirement, Chiu also ceased as a member of each of the audit committee and remuneration and nomination committee of the Company.
Chiu has confirmed that he has no disagreement with the Board and there is no matter which needs to be brought to the attention of the Shareholders in respect of his retirement.
