Kin Yat Holdings Limited announced that Mr. Cheung Wang Ip has been appointed as an independent non-executive Director of the company and also as a member of the audit committee, the remuneration committee and the nomination committee of the Board with effect from 21 July 2014. Mr. Cheung, aged 53, is a Chartered General Practice Surveyor by profession and has over 29 years of professional work experience in the property industry and related fields, including valuation and feasibility study. Currently, Mr. Cheung is the Operation Head of Hong Kong and Macau, and an executive director, of Vigers Appraisal and Consulting Limited.

Mr. Cheung is also an executive director of Vigers Macao Company Limited.