Lai Sun Development Co. Ltd. announced that at the AGM, the company elected Mr. Chew Fook Aun as an Executive Director. Mr. Wan Yee Hwa, Edward retired from office as a Non-Executive Director (NED) of the company with effect from the conclusion of the AGM held on December 18, 2012.

Accordingly, Mr. Wan ceased to be a member of the Audit Committee of the company (AC) at the same time. Dr. Lam Kin Ming, another NED, has been appointed an AC member by the Board to fill the vacancy arising from the cessation of Mr. Wan's office with effect from the conclusion of the AGM.