Ares Asia (00645.HK): Executive Director Luo Xiao Resigns

NewTimeSpace News: Ares Asia announced on June 30 that Mr. Luo Xiao has resigned as Executive Director due to other work commitments, with the resignation taking effect on June 30, 2026.

NewTimeSpace News: On June 30, 2026, Ares Asia (00645.HK) issued an announcement stating that Mr. Luo Xiao stepped down from the post of Executive Director for other work arrangements, effective June 30, 2026. Following his resignation, he will continue to serve as Vice President of Ares Asia Resources Pte. Ltd., an indirectly wholly-owned subsidiary of the Company. He confirmed that there is no disagreement with the Board of Directors, and there are no matters relating to his resignation requiring disclosure for shareholders' attention.

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