Nam Lee Pressed Metal Industries Limited announced the retirement of Mr. Khoo Ho Tong as Independent Non-Executive Director Chairman of Audit Committee Member of Remuneration and Nominating Committees. Reason for cessation: In line with the Board's renewal process, Mr. Khoo has expressed his views that having served for more than 9 years, he decided not to seek re-election and retire as an Independent Non-Executive Director of the Company at the conclusion of the Company's Annual General Meeting held on 20 January 2020 and concurrently ceased to be the Chairman of the Audit Committee and Member of Remuneration and Nominating Committees.