Soon Lian Holdings Limited approved the appointment of Mr. Tan Yee Ho as the Chairman of the Board. In carrying out his role and duties as the Chairman, Mr. Tan Yee Ho will be assisted by the new Chief Executive Officer of the Company, the Independent Directors, management team and external professionals. Mr. Tan Yee Ho has more than 30 years of experience in the aluminium alloy products industry. He is currently responsible for overseeing the Group's sales and marketing initiatives in Singapore as the Executive Director of the Company and has been with the Group since it commenced operations in 1984. His appointment date is April 8, 2020. The Board refers to the Company's announcement dated 27 February 2020 in relation to the resignation of Mr. Tan Yee Chin ("Mr Tony Tan") as Chairman and CEO of the Company. As stated in the Announcement, under the terms of Mr. Tony Tan's employment, unless otherwise agreed, Mr. Tony Tan will be required to serve a six (6) months' notice period and his last day of service will be 24 August 2020. Further to the Announcement, the Board wishes to announce that Mr. Tony Tan will cease as the Chairman and CEO of the Company with effect from 8 April 2020. For the avoidance of doubt, Mr. Tony Tan shall remain as an Executive Director of the Company until his last day of service on 24 August 2020, to ensure an orderly and smooth transition to the new Chairman and new CEO of the Company.