Fabchem China Limited announced Completion of the Proposed Acquisition of Lincotrade & Associates Pte. Ltd. Following Completion, the following persons have been appointed to the Board with effect from 3 August 2022: Mr. Bao Hongwei have also resigned as Directors of the Company with effect from 3 August 2022. Following the appointments and resignations, the Audit Committee, Remuneration Committee and Nominating Committee of the Company have been reconstituted with effect from 3 August 2022 as follows: Audit Committee: Mr. Lu King Seng (Chairman); Dr. Tan Kok Heng (Member); and Mr. Wee Shuo Siong Milton (Member).

Remuneration Committee: Dr. Tan Kok Heng (Chairman); Mr. Lu King Seng (Member); and Mr. Wee Shuo Siong Milton (Member). Nominating Committee: Dr. Tan Kok Heng (Chairman); Mr. Lu King Seng (Member); and Mr. Wee Shuo Siong Milton (Member).