06:40 AM EST, 11/11/2021 (MT Newswires) -- Hong Kong tycoon Cheung Chung-kiu resigned as chairman and managing director of YT Realty Group (HKG:0075) to focus on his other personal commitments.
Cheung was succeeded by Wong Hy Sky, an executive director of the property developer.
Alongside his resignation, Cheung transferred his 88 million shares in the company to Wong, according to a late Wednesday disclosure.
Cheung is also the chairman of C C Land Holdings (HKG:1224), another real estate developer.
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