News

Appointment Of Independent Director And Reconstitution Of Audit, Nominating And Remuneration Committees

BackMar 30, 2007

The Board is pleased to announce Ms Liu Mei Ling Rhoda will be appointed as Independent Director of the Company with effect from 1 April 2007.

The details and declaration of Ms Liu Mei Ling Rhoda as required under Rule 704(7) of the Lisiting Manual of the Singapore Exchange Securities Trading Limited are contained in a separate announcement.

Following the appointment of Ms Liu Mei Ling Rhoda as an Independent Director, the Board of Directors now comprises the following Directors:-

Mr Willliam Chan Shut Li (Executive Chairman)
Ms Zhao Ying
Mr Zhou Hong
Mr Lui Che Kin
Mr Billy Lee Beng Cheng
Mr Chen Wei Ching
Ms Liu Mei Ling Rhoda

The Board wishes to announce that the Audit, Nominating and Remuneration Committees have been reconstituted as follows:-

1. Audit Committee
Ms Liu Mei Ling Rhoda has been appointed as a member and Chairman of the Audit Committee in place of Mr Lui Che Kin with effect from 1 April 2007.

The Audit Committee will now comprise the following members:-
Ms Liu Mei Ling Rhoda (Chairman)
Mr Billy Lee Beng Cheng
Mr Chen Wei Ching

2. Nominating Committee
Ms Liu Mei Ling Rhoda has been appointed as a member of the Nominating Committee in place of Mr Lui Che Kin with effect from 1 April 2007.

The Nominating Committee will now comprise the following members:-
Mr Billy Lee Beng Cheng (Chairman)
Mr William Chan Shut Li
Mr Chen Wei Ching
Ms Liu Mei Ling Rhoda

3. Remuneration Committee
Ms Liu Mei Ling Rhoda has been appointed as a member of the Remuneration Committee in place of Mr Lui Che Kin with effect from 1 April 2007.

The Remuneration Committee will now comprise the following members:-
Mr Chen Wei Ching (Chairman)
Mr Billy Lee Beng Cheng
Ms Liu Mei Ling Rhoda

By Order of the Board


William Chan Shut Li
Executive Chairman