The Board of the Sun Hung Kai Properties Limited announced that Sir Po-shing WOO will resign as a Non-Executive Director of the company due to his decision to devote more time to his personal endeavours and Mr. Jackson WOO will cease to be his Alternate Director, both with effect from 31 August 2019. The Board of the company further announces that Mr. WU has been appointed as an Independent Non-Executive Director of the company with effect from 1 September 2019. Mr. WU has over 26 years of experience in corporate management and commercial property operation. He is currently a co-chairman, the chief executive officer and the president of China Fortune Land Development Co. Ltd. He was an executive director of China Resources Land Limited for the period from June 2009 to February 2019 and also worked as the executive vice president, the managing director and the chairman of the board of directors of CRL for certain time during such period.