Cebu Landmasters, Inc. announced that during the regular meeting of the Board of Directors the following were unanimously approved: Mr. Stephen A. Tan is retiring as the Chief Finance Officer of Cebu Landmasters, Inc. and is appointed as a Board of Director for the company during the Annual Stockholders' Meeting yesterday, 28 May 2019 with effect from May 31, 2019. The board also approved the appointment and elevation of Mr. Beauregard Grant L. Cheng from Deputy CFO to Chief Finance Officer with effect from May 28, 2019.