The board of directors of YGM Trading Limited announced that Dr. Chan Sui Kau, GBM, GBS, JP has tendered his resignation as honorary chairman and executive director of the company due to his age with effect from 14 January 2015. Dr. Chan, GBM, GBS, JP, is the founder of the Group. Dr. Chan was appointed as the executive chairman and Director in 1988 and subsequently as honorary chairman in 2010.