The Board of Directors of Bund Center Investment Ltd. announced that Mr. David Yeow, Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee, shall be retiring as a Director at the conclusion of the upcoming annual general meeting of the company to be held on 23 April 2018, as he is not seeking for re-election as a Director at the 2018 AGM. Accordingly, he shall also cease to hold all appointments presently held by him in all Board Committees at the conclusion of the 2018 AGM. The company is currently processing the appointment of new Director.