The Place Holdings Limited announced the changes to the composition of the Board and Board committees with effect from 31 January 2018: Mr. Seow Han Chiang, Winston (Mr. Seow) has resigned as an Independent Director of the Company, and accordingly, Mr. Seow has relinquished his positions as Chairman of the Remuneration Committee, and a member of each of the Audit Committee and Nominating Committee; and Mr. Ng Fook Ai Victor (Mr. Ng) has been appointed as an Independent Director of the Company, Chairman of the Remuneration Committee, and a member of each of the Nominating Committee and Remuneration Committee, in place of Mr. Seow.