The Board of Directors of SOCAM Development Limited announced that Mr. Chan Wai Kan, George has been appointed as a Non-executive Director of the Company and a member of the Finance Committee of the Board, which will take effect from 1 September 2023. Mr. Chan, aged 65, rejoined the Shui On Group in July 2017 as the Executive Director of Shui On Investment Company Limited, a subsidiary of Shui On Company Limited, the controlling shareholder of the Company. As from 1 July 2023, Mr. Chan's engagement has shifted to a part-time arrangement.

He first joined the Shui On Group in January 2007 as the Director of Finance at Shui On Land Limited, a listed company in Hong Kong, and subsequently served as the Executive Director of Finance at China Xintiandi Limited, a subsidiary of SOL. Besides his tenure with the Shui On Group, Mr. Chan had held various senior management positions across a range of enterprises in the real estate, toy, and magazine publishing industries. Mr. Chan is a member of the Institute of Chartered Accountants in England and Wales.

He holds a Bachelor of Science degree in Economic & Accountancy from City, University of London in the United Kingdom and an MBA from The Chinese University of Hong Kong. Mr. Chan has not held any directorship in any other listed companies in the past three years.