JEP Holdings Ltd. appointed Mr. Andy Luong - its Executive Chairman as Acting Chief Executive Officer (Acting CEO) to lead the company through its next phase of innovation to spur growth. Mr. Adam Lau Fook Hong @ Joe Lau, the current CEO of JEP has stepped down from his position and also from the Board and its Nominating Committee with effect after 31 May 2018. Mr. Chan Wai Leong, JEP's Non-Executive and Non-Independent Director, and Mr. Leow Kim Keat, JEP's Independent Director, have also stepped down with effect after 31 May 2018.

With effect from June 1, 2018, JEP's Board of Directors, Audit and Nominating Committees will comprise the following: Board of Directors: Luong Andy - Executive Chairman and Acting Chief Executive Officer; Zee Hoong Huay - Executive Director; Wong Gang - Lead Independent Director; Kong Chee Keong - Independent Director. Audit Committee: Kong Chee Keong - Chairman; Wong Gang - Member. Nominating Committee: Wong Gang - Chairman; Kong Chee Keong - Member.

Remuneration Committee: Wong Gang - Chairman; Kong Chee Keong - Member.