Living Cities Development Group Limited announced that the current Managing Director, Mr. Brett Manning has been appointed Executive Chairman of the company in accordance with Rule 13.9 of the Constitution. Mr. Robert Sun has been appointed to the position of Managing Director in accordance
with Rule 14.1 of the company's Constitution. The board of the company has also confirmed the independence of Mr. John Pettigrew, who was appointed to the company as a Non-Executive Director on December 17, 2015. The company will maintain a small board of three members until the company's operations justify an expansion, in order to effectively manage costs.