The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.




CHANGE OF COMPANY SECRETARY AND AUTHORIZED REPRESENTATIVE


The board of directors (the 'Board') of Chun Wo Development Holdings Limited (the 'Company', together with its subsidiaries, collectively as the 'Group') announces that Ms. Chan Sau Mui, Juanna ('Ms. Chan') has resigned as the company secretary of the Company (the 'Company Secretary') and ceased to act the authorized representative of the Company (the 'Authorized Representative') under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the 'Stock Exchange') with effect from 1 October 2015 in her own accord for her further personal development. Ms. Chan has confirmed to the Board that she has no disagreement with the Board and there is no other matters in relation to her resignation that needs to be brought to the attention of the shareholders of the Company and the Stock Exchange.


Following the resignation of Ms. Chan, the Board is pleased to announce that Mr. Shea Chun Lok, Martin ('Mr. Shea'), the Chief Financial Officer of the Company, has been appointed as the Company Secretary and the Authorized Representative with effect from 1 October 2015. The biographical details of Mr. Shea is as below:


Mr. Shea, aged 48, graduated from Monash University of Australia with a Bachelor degree in Business. He completed a postgraduate programme of Public Finance (Taxation) and obtained a Master degree in Economics from Jinan University, China in 2013. Mr. Shea is a fellow member of CPA Australia, a member of Hong Kong Institute of Certified Public Accountants, The Taxation Institute of Hong Kong, Chartered Institute of Management Accountants of the United Kingdom, Institute of Singapore Chartered Accountants and Chartered Global Management Accountant. He is also a Certified Tax Adviser of Hong Kong and a China Tax Committee member of The Taxation Institute of Hong Kong and obtained a Certificate of Pass in Practice Training Examination for Hong Kong Certified Tax Advisers Serving in Shenzhen - Hong Kong Modern Service Industry Cooperation Zone, Qianhai, Shenzhen jointly issued by Shenzhen Municipal Office of the State Administration of Taxation and Shenzhen Local Taxation Bureau.

Mr. Shea worked as company secretary and qualified accountant in various Hong Kong Main Board listed companies for many years. He has been appointed as independent non-executive director of Beijing Enterprises Water Group Limited (stock code: 00371) since 2002, a company listed on the Stock Exchange. Mr. Shea has joined the Group as Financial Controller of property development in 2008 and has been appointed as the Chief Financial Officer of the Group since February 2015.


The Board would like to take this opportunity to welcome to Mr. Shea on his new appointment and to express its sincere gratitude to Ms. Chan for her valuable contributions to the Company during her tenure of office. We wish her all the best in her new career pursuit.


By Order of the Board

CHUN WO DEVELOPMENT HOLDINGS LIMITED

Xu Jianhua, Jerry

Pang Yat Ting, Dominic

Co-Chairman

Co-Chairman


Hong Kong, 29 September 2015


As at the date of this announcement, the executive directors of the Company are Mr. Xu Jianhua, Jerry, Ir Dr. Pang Yat Bond, Derrick and Mr. Kwok Yuk Chiu, Clement, the non-executive directors of the Company are Mr. Pang Yat Ting, Dominic, Mr. Zhang Xiaoliang and Mr. Chow Wing Kin, Anthony SBS, JP, and the independent non-executive directors of the Company are Mr. Chan Stephen Yin Wai, Mr. Kwan Ringo Cheukkai and Mr. Wu William Wai Leung.

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