The board of directors of Heng Fai Enterprises Limited announced that, with effect from 5 February 2014, Mr. David A. Young, a 35-year veteran of healthcare real estate in the United States, has been appointed as Chief Executive Officer of its U.S.-listed subsidiary, Global Medical REIT, Inc. Until his appointment at GMR, Mr. Young was founder and CEO of Global Medical Realty Trust, a U.S. medical facility developer and owner focused on sponsored development and equity lease financing of market leading healthcare real estate.