Tiong Seng Holdings Limited announced the following change to its Board of Directors, which will take effect from 1 June 2024. This move to boost the Board's renewal will usher in a new era of organisational agility for the Group. Mr. Patrick Ang, the Managing Partner of Rajah & Tann Singapore LLP and the Vice-Chairman of Rajah & Tann Asia, had retired as an Independent Director on 30 April 2024. Mr. Ang had played an instrumental role in guiding Tiong Seng through its formative years as a publicly listed company. His wealth of experience and strategic counsel were invaluable in establishing robust corporate governance frameworks and risk management policies that laid a strong foundation for the Group's subsequent growth. Following Mr. Ang's retirement from the Board, Mr. Ng Kim Beng, Deputy Managing Partner of Rajah & Tann Singapore LLP, will be appointed as an Independent Director on 1 June 2024 and will lend his acumen to steering Tiong Seng into the next phase of its growth journey. Mr. Ng ­ having served
as a preeminent construction lawyer representing an array of local and regional clients in the construction industry ­ brings a fresh perspective and specialised legal expertise that will be pivotal as Tiong Seng accelerates its regionalisation strategy. His addition to the Board underpins the Group's commitment to robust corporate governance and foresight in curating a diverse talent pool to propel its vision forward. Mr. Ng has more than two decades of experience specialising in International Arbitration as well as Construction & Projects. He is widely recognised in various leading legal publications. Mr. Ng is a Senior Accredited pecialist in Building and Construction Law - a recognition awarded by the Singapore Academy of
Law for professional excellence in the area of practice.