The board of directors of China Great Land Holdings Ltd. announced changes to the board of directors and key management with effect from May 2, 2018. The company announced resignation of Mr. Ong Peng Kwang Jemme (Mr. Ong) as the Chief Executive Officer, Executive Director and Deputy Executive Chairman of the company and resignation of Mr. Lim Boon Kwee (Mr. Lim) as a Non-Executive Independent Director of the company. Consequent to his resignation, Mr. Lim ceased to be the Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee.

The company announced appointment of Mr. Xing Fei (Mr. Xing), the Executive Chairman of the company, as the Interim Chief Executive Officer of the company.