The board of directors of Kong Shum Union Property Management (Holding) Limited announced that with effect from 17 December 2015, Mr. YAN Chi Ming has been appointed as an executive Director and the Chairman of the Board; and Mr. LO Chi Ho, Richard has been appointed as an independent non-executive Director and member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee of the company. Mr. Yan has over 35 years of experience in construction, property development and investment in Hong Kong and mainland China. He has been the chief executive officer of Gateway Development & Investment Limited since June 2011.

Mr. Lo has over 25 years of experience in the investment and real estate industry. He is currently the chief executive officer of Fulldiamond Limited. Mr. Lo is the vice president cum chairman of commercial liaison of The Hong Kong Real Property Federation.