The board of directors of Kader Holdings Company Limited announced that Dr. Moses Cheng Mo-chi ("Dr. Cheng") and Mr. Ronald Montalto ("Mr. Montalto"), a Non-executive Director and an Independent Non-executive Director of the Company respectively, will not renew their terms of service upon expiry on 30 April 2019. They will retire from the positions of the Company with effect from 1 May 2019. Dr. Cheng will also cease to be a member of the Audit Committee of the Company with effect from 1 May 2019.