Tuan Sing Holdings Limited announced the appointment of Ooi Joon Hin as an Non-Executive and Independent Director, with effect from 7 May 2021. An accountant by training, Mr. Ooi Joon Hin has over 25 years of experience in finance encompassing investment banking, investment management and private equity. He has deep financial advisory and capital markets transaction experience in Asia and has completed various strategic advisory, restructuring, equity and debt capital raising transactions. Mr. Ooi is currently a Managing Director and Co-founder of Millennia Investment Management Pte Ltd. The following changes have been made to the Board and the Board Committees with effect from 7 May 2021: (1) Mr. Richard Eu Yee Ming has been appointed as Chairman of the Nominating Committee and a member of the Remuneration Committee, in addition to his current roles as the Chairman of the Board and a member of the Audit & Risk Committee. (2) Mr. Ooi Joon Hin has been appointed as Chairman of the Audit & Risk Committee. The Board considers Mr. Ooi as independent for the purpose of Rule 704(8) of the SGX-ST Listing Manual.