Prime Orion Philippines, Inc. (POPI) announced that the resignation of Mr. Tsang Cho Tai, Guoco Assets (Philippines), Inc.'s (GAPI) nominee to the board of directors, as director effective upon the transfer of the POPI shares of stock held by GAPI to Orion Land, Inc. (OLI). The effective date of resignation is June 27, 2017. Reason for resignation is sale of shares held by GAPI to OLI.