The board of Times Property Holdings Limited announced that with effect from March 21, 2014, Mr. Lin Rupeng has resigned as an independent non-executive director of the company and a member of each of the audit committee and nomination committee of the board. The reason for his resignation was due to his own decision to devote more time to his personal endeavors. The company announced that Dr. Wong, Kennedy, Ying Ho has been appointed as an independent non-executive director of the company and a member of each of the audit committee and nomination committee of the Board in place of Mr. Lin.

Dr. Wong, BBS, LLD, DCL, J.P., is a solicitor of the High Court of Hong Kong, China Appointed Attesting Officer and a director of the China Law Society. He is the managing partner of Philip K.H. Wong, Kennedy Y.H. Wong & Co., Solicitors & Notaries. Dr. Wong is the chairman and an executive director of Hong Kong Resources Holdings Company Limited, a non-executive director of Goldlion Holdings Limited and an independent non-executive director of China Overseas Land & Investment Limited, Asia Cement (China) Holdings Corporation and Shanghai Industrial Urban Development Group Limited.