The Board of Infinity Logistics and Transport Ventures Limited announced that Mr. Yap Sheng Feng ("Mr. Yap") has been re-designated from a non-executive Director to an executive Director with effect from 31 December 2020. Mr. Yap has entered into a service contract with the Company for a term of three years commencing from 31 December 2020. The Board announced that following the above re-designation, the composition of the Audit Committee has been changed with effect from 31 December 2020 as follows: Mr. Tan Poay Teik (chairman), Mr. Li Chi Keung (member) and Ms. Yeung Hoi Yan Monica (member).