The board of directors of CSI Properties Limited announced that Mr. Yip Ka Kay (?Mr. Yip?) has been appointed as an independent non-executive Director and a member of the nomination committee of the Company (the ?Nomination Committee?), all with effect from 27 November 2025. Mr. Yip, aged 61, is the managing director and responsible officer of GRE Investment Advisors Limited, a Hong Kong Securities and Futures Commission licensed advisor to NM Strategic Management, LLC and licensed manager to QLA Investment GP SÀRL. Mr. Yip is also an independent non-executive director of Shun Tak Holdings Limited (listed on the Main Board of The Stock Exchange of Hong Kong Limited and a non-executive director of VCREDIT Holdings Limited.
Mr. Yip has extensive experience in private equity, alternative and portfolio investment. He was previously the managing director and responsible officer of Bosera Asset Management (International) Co., Limited in Hong Kong. Prior to that, he was a founding and senior partner of General Enterprise Management Services (HK) Limited, a private equity management company.
He was also previously a vice president of JP Morgan International Capital Corporation. Mr. Yip is currently a member of the Investment Advisory Committee of EQT Partners, a leading private equity group in Europe, which works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. Mr. Yip holds an A.B. Degree in Economics (magna cum laude) from Harvard University, and is currently a member of Dean's Asia Advisory Committee of Harvard University's Faculty of Arts and Sciences.
He sits as a non-scientific member of the Institutional Review Board of the University of Hong Kong/Hospital Authority Hong Kong West Cluster and is a member of the Routine and Expedited Panel of the Hospital Authority Central Institutional Review Board. He was chairman emeritus of the Hong Kong Venture Capital and Private Equity Association. He had also served on the Financial Services Advisory Committee of the Trade Development Council of the Hong Kong Special Administrative Region of the People's Republic of China.
Reference is made to the announcement of the Company dated 28 August 2025 in relation to, among others, the non-compliance with Rules 3.10A and 3.27A of the Listing Rules. Following the appointment of Mr. Yip as an independent non-executive Director and a member of the Nomination Committee with effect from 27 November 2025: the Company has eleven Directors, four of whom are independent non-executive Directors, accordingly, the Company is in compliance with the requirements of Rule 3.10A of the Listing Rules; and the Nomination Committee comprises a majority of independent non-executive Directors, accordingly, the Company is in compliance with the requirements of Rule 3.27A of the Listing Rules.
