The board of directors of Infinity Logistics and Transport Ventures Limited announced that: Dato' Chan Kong Yew ("Dato' Chan") has resigned as the chairman of the Board (the "Chairman") with effect from 2 July 2021. Dato' Chan remains as an executive Director and chief executive officer of the Company; and Datuk Tan Jyh Yaong ("Datuk Tan") has been appointed as the Chairman and re-designated from an executive Director to a non-executive Director (the "Re-designation") with effect from 2 July 2021. Datuk Tan was appointed as an executive Director on 19 March 2021. He is a director of Perfect (China) Co. Ltd, a company incorporated in PRC and its principal activities are mainly engaged in selling of health food, small kitchenware, cosmetics, cleaning supplies and personal care products. Datuk Tan is mainly responsible for the management and development of the company. The Board announced that following the above change of Chairman, the composition of the nomination committee (the "Nomination Committee") of the Company has been changed with effect from 2 July 2021 as follows: Nomination Committee: Datuk Tan Jyh Yaong (chairman); Mr. Tan Poay Teik (member); and Ms. Yeung Hoi Yan Monica (member).