Agile Property Holdings Ltd. announced that the Board has on October 10, 2014 re-designated each of Mr. Chan Cheuk Yin and Madam Luk as an executive Director from a non-executive Director and as an acting Co-chairperson of the Board and an acting Co-president of the company to assist Mr. Chen in discharging his duties and responsibilities as the Chairman of the Board and President of the company during the course of the Measures. Mr. Chen will remain the Chairman of the Board and President of the company. CHAN Cheuk Yin had been an executive Director and vice chairperson of the Board and co-president from August 2005 until 28 March 2014.

Madam Luk Sin Fong, Fion had been an executive Director and vice chairperson of the Board and co-president of the company from August 2005 until 28 March 2014. She had been acting as a non-executive Director from 28 March 2014 until 9 October 2014.