The Board of Directors of IPS Securex Holdings Limited announced that Mr. Anthony Ang Meng Huat ("Mr. Ang") has ceased his appointment as Independent Director of the Company to pursue other interest with effect from 31 January 2018 and arising from this, he has ceased to be the Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee on the same date. Mr. Kenneth Goh Fuqiang ("Mr. Goh") has been appointed as Independent Director of the Company with effect from 31 January 2018. Upon appointment, Mr. Goh will be the Chairman of the Nominating Committee and a member of the Audit Committee and the Remuneration Committee.