The board of directors of Shun Tak Holdings Ltd. announced that Mr. Yip Ka Kay, Kevin has been appointed as an independent non-executive director (INED) of the company with effect from October 16, 2015. Mr. Kevin Yip, aged 50, is the Managing Director and Responsible Officer of GRE Investment Advisors Limited. He is also a Managing Director of General Oriental Investments (HK) Limited.

Mr. Yip has extensive experience in private equity, alternative and portfolio investment. He was previously Managing Director and Responsible Officer of Bosera Asset Management (International) Co., Limited. Mr. Yip is currently a member of the Strategic Investment Committee of EQT Partners.