The Nominating Committee of Tiong Woon Corporation Holding Ltd. has reviewed the qualification and extensive working experience of Mr. Teo Yew Boon and has recommended to the Board of Directors his appointment as Executive Director of the Company. The Board, having reviewed and considered Mr. Teo Yew Boon's qualification and experience and the NC's recommendation, has approved Mr. Teo Yew Boon's appointment as Executive Director of the Company. The promotion is part of the Company's Management succession plan. He is responsible for the Group's operations and safety, business development, commercial and contractual functions. Mr. Teo Yew Boon is a Group Chief Operating Officer of Tiong Woon Corporation Holding Ltd. from year 2019 - Present. Appointment date is January 1, 2021. .