Yongnam Holdings Limited announced retirement of Mr. Goon Kok Loon as the Lead Independent Non-Executive Director. Job Title: Lead Independent Non-Executive Director, Chairman of the Audit Committee as well as a member of the Remuneration Committee and Nominating Committee. After serving the Board of the Company for over 17 years, Mr. Goon Kok Loon has decided to retire as an Independent Director of the Company at the forthcoming Annual General Meeting in order to reduce his work commitments and pursue other personal interests.