The Board of Directors of Amplefield Limited having considered the recommendation of Nominating Committee, and having reviewed the qualifications and a wealth of management experience and contacts in the property development, construction and other businesses in the region, is of the view that Dato Sri Yap Teiong Choon has the requisite experience and capability to assume the responsibility of Executive Vice Chairman of the Company. As Executive Vice Chairman, Dato Sri Yap will be principally responsible for the management and conduct of the business of the Group and will be leading the Company's management team (including the other Executive Directors) and spearheading the Group s business and strategic direction and growth. Dato Sri Yap was previously the Executive Director of Amplefield Limited from 2003 until 2016.