The Board of Low Keng Huat (Singapore) Limited has appointed Mr. Low Keng Boon @ Lau Boon Sen as its Executive Chairman. He will ensure that the Board is effective in its task of setting and implementing the Company's direction and strategy. He will also provide mentorship and guidance to the Board and Management and ensures effective communication with shareholders. Mr. Lee Han Yang has indicated his intention to retire by rotation and will not stand for re-election at the coming Annual General Meeting to be held on 29 May 2019. In view of his pending retirement, Mr. Lee will cease to act as Chairman of the Remuneration Committee and member of both Audit Committee and Nominating Committee with immediate effect. Mr. Lucas Liew Kim Voon has indicated his intention to retire by rotation and will not stand for re-election at the coming Annual General Meeting to be held on 29 May 2019. In view of his pending retirement, Mr. Lucas Liew will cease to act as Chairman of both Audit Committee and Nominating Committee and member of the Remuneration Committee with immediate effect. The Board has appointed Mr. Jimmy Yim Wing Kuen as Lead Independent Director. Mr. Michael Leong Choon Fai is appointed Chairman of the Remuneration Committee in place of Mr. Lee Han Yang. Mr. Jimmy Yim Wing Kuen is appointed Chairman of the Audit Committee in place of Mr. Lucas Liew Kim Voon. Mr. Cheo Chai Hong is appointed Chairman of the Nominating Committee in place of Mr. Lucas Liew Kim Voon. Mr. Jimmy Yim Wing Kuen and Mr. Chris Chia Woon Liat are appointed members of the Nominating Committee in place of Mr. Michael Leong Choon Fai.