The board of directors of Kerry Properties Limited announced that in order to consolidate the executive structure of the group for its business operation and development, with effect from 21 September 2015, Mr. Wong Siu Kong has been appointed as the Chairman and Chief Executive Officer of the company. Mr. Ho Shut Kan an Executive Director of the company, has relinquished his position as the Co-Managing Director of the company and be appointed as the President of the company. Mr. Qian Shaohua an Executive Director of the company, has relinquished his position as the Co-Managing Director of the company.

Mr. Wong has been an Executive Director of the company since 1996. He was a Joint managing director of the company from 1999 to 2003, the deputy chairman of the board and the managing director of the company from 2003 to 2008 and President and Chief Executive Officer of the company from 2008 to 2013. He has been the Chairman of the board of the company since 2013.

Mr. Wong is the Chairman of the nomination committee of the company and a member of the remuneration committee, the finance committee and the executive committee of the company. Mr. Wong is also a Director of Kerry Holdings Limited and a Director of China World Trade Center Co. Ltd. Mr. Ho has been an Executive Director of the company since 1998.

He was appointed as the Co-Managing Director of the company in 2013. Mr. Ho is a member of the finance committee and the executive committee of the company. Mr. Ho is also an executive director of Kerry Properties (H.K.) Limited, a non-executive director of Eagle Asset Management (CP) Limited and a Director of Shang Properties Inc. Mr. Qian has been a director of the company since 2007.

He has been an Executive Director of the company since 2009 and was appointed as the Co-Managing Director of the company in 2013. Mr. Qian is a member of the Executive Committee of the company. Mr. Qian is also a non-executive director of Kerry Logistics Network.