The board of directors of Milan Station Holdings Limited announced that the term of services of Mr. Yuen Lai Yan, Darius, a Non-executive Director, will expire on August 29, 2016 according to his letter of appointment. Mr. Yuen has advised the Company that he does not seek his term to be renewed for further period. Accordingly, Mr. Yuen will cease to be the Non-executive Director with effect from August 30, 2016.