mm2 Asia Ltd. announced that Mr. Tan Liang Pheng has relinquished his role as Non-Executive Chairman of the company and has been appointed as the Lead Independent Director of the company. Mr. Tan will co-ordinate and lead the Independent Directors to provide a non-executive and independent perspective and contribute to balance view points on the Board. He is the main liaison on Board issues and in accordance with the Code of Corporate Governance 2012, will serve as an alternative channel to address shareholders' concerns. Mr. Melvin Ang Wee Chye has been re-designated as Executive Chairman of the Company and remains as the Chief Executive Officer and Executive Director of the company. As the Executive Chairman of the company, Mr. Melvin Ang would supervise the overall business operations and management of the group as well as business planning and provides executive leadership and supervision to the Senior Management team of the company and the group.