The board of directors of Tern Properties Company Limited announced that due to reaching the retirement age, Mr. HUEN Po Wah has tendered his resignation as company secretary of the company with effect from 16 November 2016. Mr. HUEN confirmed that he has no disagreement with the Board and that there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. The Board also announced the appointment of Ms. LEE Ka Man as the Company Secretary with effect from 16 November 2016. Ms. LEE is an associate member of both The Institute of Chartered Secretaries & Administrators in the United Kingdom and The Hong Kong Institute of Chartered Secretaries.