Wing Tai Properties Limited announced that Mr. Yung Wing Chung, a non-executive director of the company, retired from office at conclusion of the AGM and decided not to offer himself for re-election. Mr. Yung resigned as a member of audit committee of the company (the 'Audit Committee') with effect from the conclusion of the AGM. Mr. Yung remains as an alternate director to Mr. Kwok Ping Luen, Raymond who is a non-executive director of the company. Following the resignation of Mr. Yung as a member of the Audit Committee, Mr. Hong Pak Cheung, William, a non-executive director of the company, ceased to be an alternate member of the Audit Committee to Mr. Yung. Mr. Hong has been appointed as a member of the Audit Committee
with effect from 15 May 2013.