SingHaiyi Group Ltd. Announces Resignation of Gregory Sim as Deputy Chief Executive Officer

SingHaiyi Group Ltd. is a real estate company with access to real estate opportunities in Asia and the United States. The principal activities of the Company are those relating to property developers and owners, property managers and investment holding. The Company operates through three segments: Property development; Property and property related investment, and Others. The Property development segment is engaged in the development and sale of development properties. The Property and property related investment segment is engaged in the holding and management of investment properties. The Others segment is engaged in the investment holding and provision of management services. The Company also acts as a holding company and provides management services to its subsidiaries, equity-accounted investees and external parties. The Company has a diversified portfolio of residential, commercial and retail assets. The Company's immediate and ultimate holding company is Haiyi Holdings Pte Ltd.