The board of directors of Nanyang Holdings Limited announced that Mr. John Con-sing Yung has been appointed as a non-executive director of the company with effect from December 13, 2012. Mr. Yung has been appointed as a director of Nanyangetextile.com Limited since 2000. He has been appointed as a director of The Shanghai Commercial & Savings Bank Ltd. since 2003.

Mr. Yung has over nine years of experience in information technology and telecommunication business in the Asia Pacific region.