UBA Investments Limited announced that Mr. CHAN Chung Yee resigned as the Chairman of the Audit Committee, Remuneration Committee and Nomination Committee and the Independent Non-Executive Director of the Company as he would like to spend more time pursuing his own business; and Mr. KWOK Ming Fai, an Independent Non-Executive Director of the company, has been elected as the Chairman of the Audit Committee, Remuneration Committee and Nomination Committee.