Hotel Grand Central Limited announced the retirement of Fang Swee Peng as Independent Director, Chairman of Nominating Committee, Member of Audit and Risk Committee & Remuneration Committee. Pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the SGX-ST, Mr. Fang Swee Peng has ceased to be considered independent at the conclusion of the AGM held on 29 April 2024. As part of the Board renewal process, Mr. Fang Swee Peng has retired as a Director of the Company at the AGM.