IPC Corporation Ltd. announced that Mr. Lee Soo Hoon Phillip will resign as an Independent Director of the Company with effect from 1 August 2018. Mr. Lee will accordingly relinquish his position as Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee respectively. Consequent to the resignation of Mr. Lee, the composition of the Board and Board Committees of the company with effect from 1 August 2018 are as follows: Board of Directors: Ngiam Mia Je Patrick - Board Chairman and Chief Executive Officer; Ngiam Mia Kiat Benjamin ­ Managing Director; Lauw Hui Kian ­ Executive Director; Ngiam Mia Hai Bernard ­ Executive Director; Ngiam Mia Hong Alfred ­ Executive Director; Lien Kait Long ­ Lead Independent Director; Teo Kiang Kok ­ Independent Director; Dato' Dr. Choo Yeow Ming ­ Independent Director. Audit Committee: Lien Kait Long ­ Chairman, Lead Independent Director; Teo Kiang Kok ­ Member, Independent Director; Dato' Dr. Choo Yeow Ming ­ Member, Independent Director. Nominating Committee: Dato' Dr. Choo Yeow Ming ­ Chairman, Independent Director; Lien Kait Long ­ Member, Lead Independent Director; Teo Kiang Kok ­ Member, Independent Director; Ngiam Mia Je Patrick ­ Member, Board Chairman and Chief Executive Officer; (Alternate - Ngiam Mia Kiat Benjamin). Remuneration Committee: Teo Kiang Kok ­ Chairman, Independent Director; Lien Kait Long ­ Member, Lead Independent Director; Dato' Dr. Choo Yeow Ming ­ Member, Independent Director.