The board of directors of China Great Land Holdings Ltd. announced that Mr. Ong Peng Kwang Jemme has been appointed as the executive director, deputy executive chairman and chief executive officer of the company, effective 6 January 2017. Mr. Wong Siew Hong has been appointed as the chief financial officer of the company, effective 6 January 2017, in place of Mr. Leow Yong Kin, Louis, who has resigned as the chief financial officer. Mr. Leow will remain with the company until 31 March 2017 for the completion of the company's year-end financial audit for the financial year ended 31 December 2016.

Mr. Tan Huay Pin will retire as a non-executive and independent director of the company at the conclusion of this year's annual general meeting. Upon Mr. Tan's retirement at the conclusion of the AGM, he will also relinquish his position as the chairman of the nominating and remuneration committees and a member of the audit committee.