Fu Yu Corporation Limited announced that the resignation of Tan Yew Beng as Independent Director. Mr. Tan tendered his resignation as Non-Executive Independent Director of the Company on 5 July 2021 for personal reasons. He would like to devote more time to manage his own business amid the current very challenging economic environment. Mr. Tan also believes a board renewal is now timely to bring in new perspectives and opportunities that could enhance profitability and create value for shareholders over the long term.