The board of directors of Kerry Properties Limited announced that with effect from 31 December 2018: Mr. Ho Shut Kan will retire as an Executive Director and the Chief Executive Officer of the company and a member of each of the Remuneration Committee, Nomination Committee, Finance Committee and Executive Committee of the Company. Mr. Wong Siu Kong will be re-designated as the Chairman and Chief Executive Officer of the company; and Mr. Wong Chi Kong, Louis will be appointed as an Executive Director of the Company and a member of each of the Finance Committee and Executive Committee of the company. Mr. Ho has agreed to continue to serve as the Consultant of the company to provide advice to the company and its subsidiaries.

Wong Siu Kong has been an Executive Director of the Company since 1996. He was a Joint Managing Director of the Company from 1999 to 2003, the Deputy Chairman of the Board and the Managing Director of the Company from 2003 to 2008 and the President & Chief Executive Officer of the Company from 2008 to 2013. Louis Wong has been the Chief Financial Officer of the Company since 2007.

He was trained and qualified as Chartered Accountant with KPMG Peat Marwick, London, England. He had about 10 years of experience in auditing in the United Kingdom and Hong Kong before joining Kerry Group in 1994.