The board of directors of Asiasec Properties Limited has been sadly informed that Mr. Choi Kin Man (?Mr. Choi?), an independent non-executive director of the Company, the chairman of the remuneration committee and a member of the audit committee and the nomination committee of the Company, passed away due to ill health on 26 January, 2024. Mr. Choi has been a director of the Company since 10 March, 2017. Mr. Choi was a diligent and proactive independent non-executive director of the Company who made valuable contributions to the Company during his tenure.