The Board of Directors of Cacola Furniture International Limited announced the following changes to the Board with effect from 8 March 2013: Yeo Kan Yen was re-designated from an Independent Director to a Vice-Chairman and Executive Director. He ceased to be Chairman of the Nominating Committee and Remuneration Committee and a member of the Audit Committee; Lau Kay Heng was appointed an Independent Director in place of Yeo Kan Yen. He will be the Chairman of the Audit Committee and members of the Nominating Committee and Remuneration Committee.