Shun Tak Holdings Ltd. announce that Mr. Rogier Johannes Maria Verhoeven has been appointed as an executive director of the company and a member of the executive committee of the company with effect from February 22, 2012. He is responsible for overseeing the strategic development of the new hospitality business of the Group Hospitality Division. Prior to joining the company, Mr. Verhoeven, who has extensive experience in the hospitality industry, founded and managed a Hong Kong based consultancy firm assisting large real estate development and management companies with strategic projects pertaining to hospitality and related businesses.