Tern Properties Company Limited announced that Mr. Chan Siu Keung, Leonard has tendered resignation as an executive director and a member of the nomination committee of the company, both with effect from 1 January 2015 due to his retirement. The company also announced the appointment of Mr. Chan Yan Tin, Andrew, an executive director of the company, as a member of the nomination committee of the Company with effect from 1 January 2015.