LIU Lit-mo to Retire as Independent Non-Executive Director of China Motor Bus Company, Limited
September 21, 2016 at 05:57 am
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The Board of Directors of China Motor Bus Company, Limited announced that Dr. LIU Lit-mo, an independent non-executive director of the Board, has informed the Board that due to other business and personal engagements, he will retire as an Independent non-Executive Director of the company by rotation at the conclusion of the 2016 ordinary yearly meeting of the company to be held on 28 October 2016 and will not offer himself for re-election. Dr. LIU confirms that he has no disagreement with the Board and there is no matter which would need to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited.
China Motor Bus Company, Limited is a Hong Kong-based company principally engaged in property businesses. The Company operates through two segments. Property Development and Investment segment is engaged in the development, construction, sales and marketing of properties. The properties under the Company include retail, office and residential properties in Hong Kong and London. Treasury Management segment is engaged in listed securities investment, as well as financial assets and other treasury operation.