The Board of Directors of GL Limited have announced that with effect from September 15, 2016, Mr. Quek Leng Chan has relinquished his positions as a Director of the company and the Non-Executive Chairman of the Board and, accordingly, ceased to be a member of the Nominating Committee and of the Remuneration Committee of the company. Mr. Kwek Leng Hai has been appointed as the Non-Executive Chairman of the Board as well as a member of the Nominating Committee and the Remuneration Committee. Mr. Tang Hong Cheong has been appointed a Director and the Group Managing Director of the company.

Mr. Kwek has been a Director of the company since May 17, 2005. He is also a member of the company's Audit and Risk Management Committee. Mr. Tang Hong Cheong has held various senior management positions in different companies within the Hong Leong Group.

He was the President/Finance Director of HL Management Co Sdn Bhd. He was also a director of Southern Steel Berhad, as well as the non-executive chairman of GLM REIT Management Sdn Bhd.