The board of directors of Kerry Logistics Network Limited announced that Mr. NG Kin Hang has been appointed as an executive director and a member of each of the finance and risk management committees of the Company with effect from 1 January 2019. The Board has also received the letter of resignation from Mr. ERNI Edwardo to resign as an executive director and a member of each of the finance and risk management committees of the Company with effect from 1 January 2019. Mr. Ng is currently the Executive Director Integrated Logistics. Mr. Ng is also a director and oversees the operations of various subsidiaries and associated companies of the Company, including Kerry Express (Thailand) Limited. The Board also announced that Mr. Erni will resign, and Mr. Ng will be appointed, as a member of each of the finance and risk management committees of the Company with effect from 1 January 2019. Following the aforementioned change, the finance committee of the Company will comprise of the following three members, namely Mr. YEO George Yongboon (as the chairman of the finance . committee), Mr. MA Wing Kai William and Mr. Ng and the risk management committee of the Company will comprise of the following four members, namely Mr. MA Wing Kai William (as the .chairman of the risk management committee), Mr. Ng and two members of the senior management, who are nonmembers of the Board.