The board of directors of Chuang's China Investments Limited announced that Mr. Peter Lo Wing Cheung has resigned as an Executive Director of the company with effect from 30 March 2017 due to Mr. Lo intends to concentrate his efforts on the China properties business of the Group. Mr. Lo remains as a director of a subsidiary of the company after his resignation as an Executive Director of the Company. Mr. Lo has confirmed that he has no disagreement with the Board and that he is not aware of any matter in relation to his resignation that needs to be brought to the attention of the shareholders of the company.