Sakae Holdings Ltd. announced that its AGM to be held on October 29, 2018 will consider the resolution of retirement of Mr. Lim Chee Yong. In accordance with Article 91 of the company's Articles of Association of the company, Mr. Lim Chee Yong retires from office and will not be seeking re-election. Accordingly, Mr. Lim Chee Yong will cease as a Chairman of Audit Committee and Nominating Committee and a member of the Remuneration Committee.