China New Town Development Company Limited announced in relation to the change of Company Secretary on 4 December 2015. In the Announcement, it is stated as 'Mr. Teo Meng Keong has been appointed as the Joint Company Secretary with effect from 4 December 2015 in place of Ms. Low Siew Tian,' and 'Mr. Teo Meng Keong shall act jointly and severally with Ms. Chan Sau Ling as Company Secretaries.' The board of directors of the company clarified that Mr. Teo Meng Keong is a board secretary of the company acting in compliance with the Listing Manual of the Singapore
Exchange Securities Trading Limited, and not a Joint Company Secretary. The Board apologized to the public if the Announcement has caused any confusion.