China.com Real Estate News On May 12, NWDS China announced that Cheng Ka Chun had proposed to resign as a non-executive director and chairman of the board of directors due to his decision to devote more time to his other businesses. Following the resignation of Cheng Ka Chun, the current Executive Director, Cheng Chi Kong, has been re-designated as a Non-executive Director and appointed as Chairman with effect from 13 May 2021.
The current Executive Director and Chief Executive Officer of the Company, Mr. Zhang Hui-r, has been reassigned as co-Chief Executive Officer of the Company and remains as an Executive Director. Tse Wai Fong has been appointed as an Executive Director and Co-Chief Executive Officer with effect from 13 May 2021.
According to the information, Dr. Cheng Chi Kong, aged 41, was appointed as an Executive Director in June 2007. He is the chairman of the Executive Committee of the Board and is currently a member of the Remuneration Committee and the Nomination Committee of the Board.
Dr. Zheng joined NWDS China in 2007 and oversees the Group's corporate affairs. He is the executive vice chairman and chief executive officer of New World Development Company Limited and its subsidiaries, a substantial shareholder of the Company.
This article originated from China Net Real Estate
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