The board of directors of Dowell Property Holdings Limited announced that Ms. Wong Tsui Yue, Lucy has tendered her resignation as company secretary of the company and that Mr. Cho Chun Wai has been appointed to take over Ms. Wong's responsibilities as company secretary of the Company, all with effect from 2 February 2015. Ms. Wong confirmed that she has no disagreement with the Board and there was no other matter relating to her resignation that needed to be brought to the attention of the shareholders of the Company. Mr. Cho joined the Group as financial controller in 2012.

He has over 10 years of experience in financial management and company secretarial matter for listed companies.