Summary by Futu AI
HONG KONG BROADBAND LIMITED (HKBN) ANNOUNCED ON 28 FEBRUARY 2024 THAT MR. LAI YU JIE HAS RESIGNED HIS DUTIES AS EXECUTIVE DIRECTOR, MEMBER OF THE ENVIRONMENT, SOCIAL AND GOVERNANCE COMMITTEE, CHIEF EXECUTIVE OFFICER, AUTHORIZED REPRESENTATIVE AND LEGAL PROCEDURAL AGENT. Mr. YEUNG Sui Kwong takes up the post of Chief Executive Officer on an interim basis and serves as a member of the Environment, Social and Governance Committee, Authorized Representative and Legal Proceedings Agent. Mr. Yang joined Hong Kong Broadband since 2005 and was appointed Executive Director in 2014 and became Executive Vice Chairman in 2018. The Company anticipates that the change will not affect its business and operations management and will continue to seek the right choice of CEO. The Board of Directors expressed gratitude for Mr. Lai's past contributions to the Company and welcomed Mr. Yang's service in his new role.