The board of directors of Maybank Kim Eng Securities (Thailand) Public Company Limited at a meeting held on July 14, 2016 approved the resignation of Mr. Cheah Teik Seng, effective on 1 August 2016 onwards. The board also approved the appointment of Mr. Siang Chin Lee, to replace Mr. Cheah Teik Seng who resigned, as independent director and member of the audit committee, with effect from 1 August 2016, subject to the approval of the Securities and Exchange Commission Thailand (SEC). The board also approved the appointment of Ms. Sopawadee Lertmanaschai as a chairman of the audit committee to replace Mr. Cheah who resigned.