The Board of Directors of Hiap Tong Corporation Ltd. announced that Mr. Ong Boon Tat, Alvin, a Non-Executive Director of the Company, has been re-designated as Executive Director of the Company with effect from 3 January 2017. Following the re-designation, Mr. Ong Boon Tat, Alvin will remain as a member of the Nominating Committee of the Company and the composition of the Audit Committee, Remuneration Committee and Nominating Committee of the Company remains unchanged.