Frank Yu steps down as New Silkroutes Group's non-executive director

He held the position since March 1, 2012.

Mr. Yu, 50, retired as director and did not seek re-election at the group's annual general meeting.

He was a managing director for a local securities brokerage firm. He co-founded Capcol Capital. He has over 16 years of experience in financial sector. He was a director for Capcol Capital Limited. He is independent non-executive director for Digiland International since August 16, 2013. He was also independent non-executive director for Waytung Global Group (formerly Beauforte Investors Corporation) from April 19, 2007 to July 5, 2007. He graduated from the University of Wisconsin at Madison.

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