The board of directors of Kerry Properties Limited announced that with effect from 1 February 2018, Mr. Wong Siu Kong will relinquish his position as the Chief Executive Officer of the company and will remain as the Chairman and an Executive Director of the company. Mr. Ho Shut Kan will be re-designated as the Chief Executive Officer of the company and will become a member of each of the Remuneration Committee and the Nomination Committee of the company. Mr. Wong 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. Mr. Ho has been an Executive Director of the Company since 1998. He was a Co-Managing Director of the Company from 2013 to 2015 and has been the President of the Company since 2015.