The board of directors of Hon Kwok Land Investment Company, Limited announced that Mr. James Sing-Wai Wong (Mr. Wong) has been re-designated from a non-executive director to an executive director of the company with effect from 13 July 2018. He is licensed to practice law in the United States of America and the State of California, where he also holds a Real Estate Broker's License. He has accumulated over 30 years of experience in economics, law, management and information systems in Hong Kong, United States, Canada, the United Kingdom, and the Mainland China. The Board announces that Mr. Yuen-Keung Chan (Mr. Chan) has resigned as an executive director of the company with effect from 13 July 2018 due to his commitment in other businesses of the Chinney Investments Group.