Kowloon Development Company Limited announced that Ms. Ng Chi Man, currently an Executive Director, will be re-designated as a Non-executive Director of the Company and will resign as a member of the Executive Committee of the Company with effect from 1 April 2013. Ms Ng Chi Man has been an Executive Director and a member of the Executive Committee of the Company since January 2002 and December 2002 respectively. Ms Ng is responsible for the development of corporate strategies, corporate planning and general management of the Company.

She is also a director of both Polytec Holdings International Limited and Intellinsight Holdings Limited, all being the substantial shareholders of the Company.