The board of directors of Midland Holdings Limited announced that Mr. WONG Kin Yip, Freddie currently the Chairman of the Board and a Non-Executive Director of the company, has been re-designated as Executive Director of the company with effect from 29 March 2017, and Mr. WONG shall continue to serve as the Chairman of the Board. Mr. WONG, aged 67, is the founder, Chairman and a Non-Executive Director of the company. He is also a member of the Remuneration Committee and Nomination Committee of the company. Mr. WONG established Midland Realty in 1973 and has been the Chairman of the company since 1993. Mr. WONG has over 43 years of experience in the real estate agency business in Hong Kong, China and overseas.