Hysan Development Company Limited announced the appointment of Professor Lawrence Juen-Yee LAU as Independent non-executive director of the company effective December 12, 2014. Professor Lawrence Juen-Yee LAU, aged 70, is currently Ralph and Claire Landau Professor of Economics at The Chinese University of Hong Kong. He is also an independent non-executive director of AIA Group Limited and CNOOC Limited, and a non-executive director of Semiconductor Manufacturing International Corporation.

Professor Lau is an independent director of Far EasTone Telecommunications Co. Ltd.