On March 14, 2016, the Board of Directors of Greenpro Capital Corp. authorized an expansion of the company's Board of Directors from four to seven directors. The Board of Directors appointed Mr. HEE Chee Keong, Mr. SHUM Albert and Mr. CHIN Kiew Kwong to fill the vacancies created by such expansion, effective March 14, 2016.

Mr. HEE Chee Keong serves as an independent director in the company. From June 2014 to October 2015, Mr. Hee served as the Chief Financial Officer of Galasys Plc. Mr. SHUM Albert serves as an independent director in the company.

With abundant experiences in different fields and industries especially in accounting and finance, Mr. Hee has been appointed by the company to be the independent director and the chairman of audit committee. Amongst senior technology positions held by Mr. Shum, are the Regional CIO role for Schindler Group from October 2000 to December 2006; Chief Information Officer role in the South China Morning Post Group from January 2007 to October 2010; and Global Head of IT (ADM) role in the Intertrust Group since May 2010, where he was responsible for leading the delivery of core information technology services through a global team to business units across more than twenty jurisdictions. Mr. Shum was fully accountable for the implementation of professional and effective solutions to ensure that the underlying functions, coupled with effective internal controls and worked together with the business to achieve its overall strategy across all locations.

Mr. Shum's wide experience in internal controls and information technology, has led to his appointment as an independent Director of the company. Mr. CHIN Kiew Kwong serves as an independent director in the company. Mr. Chin, has served as a Group Agency Manager at Public Mutual Berhad since 2005, a company listed on the Bursa, Stock Exchange of Malaysia which is a provider of private unit trust company and private retirement scheme (PRS) in Malaysia.

The company expects Messrs. Hee, Shum and Chin to serve as independent directors on the company's Compensation, Audit, and Nominations and Corporate Governance committees once such committees are formed.