He also steps down as executive director.
Mr. Luk, 62, was appointed on June 1, 2005. He was responsible for formulating the strategic direction along with the Board, business operations and business development of the mobile satellite services of the Company's associate company.
He is to pursue other opportunities. However, he will continue to serve as the head of telecommunication of the Group, to manage and oversee the operations of China Satellite Mobile Communications Group, an associate company of the Company.
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