The board of IPC Corporation Ltd. reviewed the experience and credentials of Mr. Teo Kiang Kok and considered the recommendation of the Nominating Committee, approved the appointment of Mr. Teo as an Independent Director of the company. Mr. Teo currently serves on the Board of Hyflux Ltd, Jadason Enterprises Ltd, Memtech International Ltd. and Wilton Resources Corporation Ltd. The appointment date is July 12, 2017.