CSI Properties Limited (stock code: 497) announced that effective 27 November 2025, Mr. Yip Ka Kay has been appointed as an Independent Non-Executive Director and a member of the Nomination Committee. Mr. Yip has extensive experience in private equity and portfolio investment, having served in senior roles at leading investment firms and financial institutions. He is also an Independent Non-Executive Director of Shun Tak Holdings Limited (242) and a Non-Executive Director of VCREDIT Holdings Limited (2003). According to the announcement, his remuneration is set at HK$200,000 per annum, subject to periodic review.
By adding Mr. Yip to the Board, which now comprises 11 Directors with four being independent non-executive directors, the company has confirmed compliance with Rules 3.10A and 3.27A of the Listing Rules. The appointment also helps further strengthen the company’s oversight, as Mr. Yip brings notable academic and professional credentials. He holds an A.B. Degree in Economics (magna cum laude) from Harvard University and has extensive involvement with prominent institutions’ advisory committees. CSI Properties’ Board has expressed a formal welcome to Mr. Yip in his new role.