The board of HLN Technologies Limited announced that Ng Khoon Seng, executive director of the company and deputy chief operating officer of the company and its subsidiaries the HLN Group has taken over the duties of Wa Kok Liang, Leslie, group COO of the HLN Group, pending an internal audit requested by the board as well as the outcome of the legal dispute with Wa who, as announced on December 13, 2012, had agreed to acquire the Elastomeric Business and had subsequently failed to complete the acquisition. Wa has been suspended from his duties with the HLN Group with immediate effect. Ng will continue as acting group COO until further notice.