China Yuanbang Property Holdings Limited Announces Resignation of Chong Soo Hoon Sean as Independent Non-Executive Director, Chairman of Nominating Committee, Member of Audit Committee and Remuneration Committee

China Yuanbang Property Holdings Limited announced the resignation of Chong Soo Hoon Sean as Independent Non-Executive Director, Chairman of Nominating Committee, member of Audit Committee and Remuneration Committee. Other directorships past: Healthbank Holdings Limited. Other directorships present: Anda Capital Solutions Pte.

Ltd.; Omnisense Systems Pte Ltd; Rich Capital Holdings Ltd.; TNT Global Capital Pte. Ltd. In anticipating of the 9-years tenure limit for independent director, Mr. Chong hereby resign as an independent non-executive director of the Company to facilitate the process of board renewal.