APAC Realty Limited Announces Retirement of Tan Bong Lin as a Lead Independent Director and Ceases to Be Chairman of Audit and Risk Committee and a Member of the Nominating and Remuneration Committees

APAC Realty Limited noted that Mr. Tan Bong Lin, will be retiring pursuant to Article 94 of the Constitution of the Company and he will not be seeking re-election at the Annual General Meeting to be held on 20 April 2023. Upon the retirement of Mr. Tan Bong Lin as a Lead Independent Director of the Company at the conclusion of Annual General Meeting on 20 April 2023, Mr. Tan Bong Lin will concurrently cease to be the Chairman of Audit and Risk Committee and a member of the Nominating and Remuneration Committees.