The board of directors of Asia Commercial Holdings Limited announced Mr. Eav Yin will cease to act as the chairman of the remuneration committee of the Company and will remain as a member of the Remuneration Committee and Mr. Lee Tat Cheung, Vincent the existing independent non-executive director of the Company and member of the Remuneration Committee, will be appointed as the chairman of the Remuneration Committee with effect from 1 April 2012. Mr. Eav Yin is appointed as the chairman of the nomination committee of the Company with effect from 1 April 2012.