Santak Holdings Limited announced resignation of Loo Hwee Beng as Operation Director of Precision Engineering Division. Mr. Loo Hwee Beng is resigning pursuant to age reason and to explore other opportunities. After having interviewed Mr. Loo Hwee Beng and to the best of its knowledge, the Sponsor is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Loo Hwee Beng as Operation Director of Precision Engineering Divisio.