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Sun Hung Kai announces director resignation, appointment

Sun Hung Kai Properties Ltd. announced the resignation of a nonexecutive director and the appointment of an independent nonexecutive director.

The Hong Kong-based property company said Po-shing Woo is stepping down as a nonexecutive director to devote more time to personal endeavors, effective Aug. 31. In light of the resignation, Woo Ka-biu will also cease as an alternative director for Po-shing on the same date.

Furthermore, Sun Hung Kai said it named Wu Xiang-dong as an independent nonexecutive director, effective Sept. 1.