Overseas Chinese Town (Asia) Holdings Limited announced that at the AGM held on 19 June 2019, the appointment of Mr. Chu Wing Yiu as an Independent non-executive Director was duly approved by the Shareholders and such appointment took effect immediately thereafter. Mr. Chu Wing Yiu aged 61. Mr. Chu is chartered insurer and a fellow of the Chartered Insurance Institute of the United Kingdom and been designated as a fellow, Life Management Institute of the Life Office Management Association. Mr. Chu is currently the independent director and chairman of the risk committee of SCOR Reinsurance Co. (Asia) Limited, the director and chief executive officer of BOCI ­ Prudential Trustee Limited since July 2014 and the director of BOC Group Trustee Company Limited since July 2014. Mr. Lu Gong, an independent non-executive Director, has informed the Company that he will retire from office as independent non-executive Director and will not seek re-election at the AGM for personal reasons. He has retired as independent non-executive Director, with effect from the conclusion of the AGM.