Coastal Greenland Limited announced that Chan Boon Teong has tendered his resignation as the chairman of the Board, an executive Director, the chairman of the Nomination Committee, a member of the Remuneration Committee and the Authorized Representative, Cheng Wing Bor has
tendered his resignation as an executive Director, a member of the Investment Committee and a member of the Remuneration Committee, Lin Chen Hsin has tendered his resignation as an executive Director, Zheng Hong Qing has tendered his resignation as an executive Director, Wang Jun has tendered his resignation as an executive Director, and Law Kin Ho has tendered his resignation as an independent non-executive Director, a member of the Audit Committee, a member of the Nomination Committee and a member of the Remuneration Committee with effect from December 31, 2012. In order to continuously benefit from Chan Boon Teong's extensive experience and business connections, Chan Boon Teong has been appointed as the Honorary Chairman and a senior consultant of the Company with effect from December 31, 2012. The board announced that Jiang Ming has been appointed as the chairman of the Board, a member of the Remuneration Committee and the chairman of the Nomination Committee, Wang Bin has been appointed as an executive Director and a member of the Investment Committee, and Yang Jian Gang has been appointed as an independent non-executive Director, a member of the Audit Committee and the chairman of the Remuneration Committee with effect from December 31, 2012. The board announces that Yang Jian Gang has been appointed as a member of the Audit Committee. The Board announces that Jiang Ming has been appointed as the chairman of the Nomination Committee. The board announced that Jiang Ming has tendered his resignation as a member of the
Investment Committee and Cai Shaobin and Wang Bin have been appointed as members of the Investment Committee with effect from December 31, 2012. The board announced that Tang Lap Yan has tendered his resignation as the chairman of the Remuneration Committee, Yang Jian Gang has been appointed as the chairman of the Remuneration Committee, and Jiang Ming has been appointed as a member of the Remuneration Committee with effect from December 31, 2012.