The board of directors of China Overseas Property Holdings Limited announced that Mr. Suen Kwok Lam will resign his positions as Independent Non- executive Director, Chairman of Remuneration Committee, member of Audit committee as well as member of nomination committee of the company with effect from October 9, 2018 in order to devote more time to his other commitments. Mr. So, Gregory Kam Leung will be appointed as Independent Non-executive Director, Chairman of Remuneration committee, member of Audit Committee as well as member of Nomination Committee of the company with effect from October 9, 2018. Mr. So previously served as the Vice-chairman of the Democratic Alliance for the Betterment and Progress of Hong Kong Board Member of Hong Kong Hospital Authority, Council Member of Lingnan University, Member of Commission on Strategic Development, and member of the District Council of Wong Tai Sin District.