The board of directors of Wing Tai Properties Limited announced that: Mr. Cheng Wai Chee, Christopher, the chairman and an executive director of the company will cease to be the chairman of the remuneration committee of the Company with effect from 1 April 2012. He will remain as a member of the remuneration committee; Mr. Simon Murray, an independent non-executive director of the company and an existing member of the remuneration committee, will become the chairman of the remuneration committee with effect from 1 April 2012.