The Board of Directors of Sunvic Chemical Holdings Limited announced the following change to the Board, Mr. Yap Chee Wee has resigned as a Director of the company with effect from December 19, 2016. Consequently, Mr. Yap ceases to be the Independent Director, Chairman of Remuneration Committee and member of Audit and Nominating Committee. The Board noted that, following the resignation of Mr. Yap, the Audit Committee will be unable to meet minimum requirement of three directors. Pursuant to Rule 704(8) of the Listing Manual the Board shall endeavor to fill the vacancy within two months, and in any case not later than three months.