Natural Cool Holdings Limited Announces Cessation of Ronnie Tan Siew Bin as Independent Non-Executive Director, Chairman of the Nominating Committee, Member of the Audit Committee, Member of the Remuneration Committee

Natural Cool Holdings Limited announced cessation of Ronnie Tan Siew Bin as Independent Non-Executive Director, Chairman of the Nominating Committee, member of the Audit Committee, member of the Remuneration Committee of the company. Reason for cessation is he is disqualified from acting as a director for 5 years from 16 March 2017 pursuant to Section 155A of the Companies Act (Chapter 50) of Singapore. Mr. Ronnie Tan is in the midst of filing an application to the Singapore High Court via an originating summons to rectify the situation.