Albert Hong to step down as exec chairman of RSP

REAL estate company Rowsley announced on Monday that Albert Hong will step down as executive chairman of RSP, the group's architectural, engineering and master planning consultancy.

He will, however, retain his position on the RSP board as non-executive director and chairman.

RSP will continue to be managed by the two managing directors, Lee Kut Cheung and Lai Huen Poh.

Rowsley's shares closed 0.02 cents down to 12.7 cents on Monday.