The board of Frasers Property (China) Ltd. announced that Mr. Yiu Chun Kit has tendered his resignation as the company secretary and the chief financial officer of the company to pursue his personal career development and will cease to act as an authorised representative of the company under the Listing Rules. The board announced that Mr. Wong Ho Yin has been appointed as the company secretary of the company and an authorised representative under the Listing Rules with effect from October 12, 2012 in place of Mr. Yiu. The board further announced that Mr. Wei Chuanjun has been appointed as the chief financial officer of the company in place of Mr. Yiu as well as an executive director of the company and Mr. Xu Jiajun has been appointed as an executive director of the company, in each case effect immediately.

Mr. Wei is currently the CFO of Gemdale Corporation. Mr. Wei has more than 20 years experience in property development and financial management. He joined Gemdale Corporation in 2003.

He is currently responsible for overall financing and accounting of Gemdale Corporation. Mr. Xu is currently the executive director, assistant president and board secretary of Gemdale Corporation. Mr. Xu is responsible for capital management and real estate private equity fund management of Gemdale Corporation.