Wong Fong Industries Limited announced that Mr. Liew Ah Kuie will be re-designated from Deputy Chairman and Managing Director to Co-Founder and Group CEO, effective March 29, 2019. There will be no change to his role and responsibilities. Mr. Pao Kiew Tee (Mr. Pao) will be re-designated from Lead Independent Director to Independent Chairman, March 29, 2019.

Mr. Pao continues to be the Chairman of the Audit Committee (AC) and a member of the Remuneration Committee (RC) and the Nominating Committee (NC). In addition, the Board announced shareholders of the following changes to the Board and Board Committees with effect from the conclusion of the annual general meeting to be held on April 29, 2019 (AGM): The appointment of Mr. Wong Chit Chong as the Chairman of the RC and the NC respectively. Mr. Lee Yong Soon will not be seeking re-election and will retire as Director at the conclusion of AGM.

He will also relinquish his position as the Chairman of the RC and a member of the AC and the NC respectively. Mr. Tan Soon Liang will not be seeking re-election and will retire as Director at the conclusion of AGM. He will also relinquish his position as the Chairman of the NC and a member of the AC and the RC respectively.