The board of directors of Talent Property Group Limited announced that Mr. Ng Pui Keung shall retire by rotation in accordance with the bye-law of the company in the forthcoming annual general meeting of the company to be held on June 1, 2015. Mr. Ng having served the company as an executive director since December 2010, would like to allocate more time to his personal commitments and has indicated that he would not offer himself for re-election and accordingly will retire at the 2015 AGM. Mr. Ng will also retire as chairman of the company and cease to be chairman of the nomination committee and a member of the remuneration committee of the company with effect from the conclusion of the 2015 AGM.

The board announced that Mr. You Xiaofei, currently an executive director of the company, will be appointed to replace Mr. Ng as the chairman of the board as well as the chairman of the nomination committee of the company with effect from the conclusion of the 2015 AGM. The board also announced that Mr. Lee Wai Kuen, currently the company secretary of the company, will be appointed to replace Mr. Ng as a new authorized representative of the company with effect from the conclusion of the 2015 AGM.