Date of announcement  2020/03/18
Time of announcement  19:32:36
 
Date of events   2020/03/18 
To which item it meets paragraph 6
Statement 
1.Date of occurrence of the change:2020/03/18
2.Appointment of or changed personnel (juristic-person director, juristic-person supervisor, independent director, natural-person director or natural-person supervisor):Natural-person director
3.Title, name and resume of the replaced personnel:
Osama Salman Abbasi / Director, KG Investments Holdings Limited
4.Title, name and resume of the new personnel:None
5.Type of the change (please enter: “resignation”, “discharge”, “tenure expired”, “death” or “new appointment” ):Resignation
6.Reason for the change:Resignation
7.Number of shares held by the new personnel at the time of appointment:N/A
8.Original term (from __________ to __________):N/A
9.Effective date of the new appointment:2020/03/18
10.Rate of turnover of directors of the same term:1/3
11.Rate of turnover of supervisor of the same term:N/A
12.Rate of turnover of independent director of the same term:N/A
13.Change in one-third or more of directors (“Yes” or “No”):Yes
14.Any other matters that need to be specified:
KG Investments Holdings Limited (the ”Company”) is registered in the Cayman Islands. The Articles of Association of the Company do not stipulate tenure for directors.