Millennium & Copthorne Hotels New Zealand Limited announced that Mr. Vincent Yeo is retiring as a non-executive director of the company with effect from December 31, 2015. He is replaced by Mr. Kevin Hangchi, Senior Vice President, Hong Leong Management Services Pte. Ltd. who will take up the directorship from January 1, 2016.

Mr. Yeo will remain a director of MCK's subsidiary CDL Investments New Zealand Limited. Mr. Yeo is retiring from the Board in order to comply with new Monetary Authority of Singapore regulatory requirements affecting certain of his other directorships.