Kong Shum Union Property Management (Holding) Limited announced that Mr. Shen Ka Yip, Timothy and Ms. Lai Sze Yau, Vivien have resigned as Executive Directors due to their other business commitments. Ms. Lai also ceased to be an 2016. Both Mr. Shen and Ms. Lai have been appointed as consultants of the Company with effect from 22 January 2016 so that they would continue to advise the Board regarding the Company's business development and operation.

The Board further announces that Mr. Ho Ying Choi, an Executive Director, has been appointed as an Authorized Representative and a Process Agent with effect from 22 January 2016.