The Board of Directors of Manufacturing Integration Technology Ltd. announced that, following the completion of the disposal of the entire issued and paid-up share capital of MIT Semiconductor Pte. Ltd. on 20 February 2019, the following changes have taken effect on 21 February 2019: Mr. Kwong Kim Mone, Chairman and Managing Director has been re-designated as the Non-Executive and Non-Independent Chairman of the Company. The re-designation will allow Mr. Kwong to focus on his responsibilities in the divested business and for the Company to tap on his expertise whenever such a need arises.

Mr. Lim Chin Tong, currently an Executive Director of the Company, has been appointed as the Chief Executive Officer of the Company.