The board of directors of Jason Marine Group Limited announced that Mr. Ronald Tan Lian Huat will be retiring as Chief Executive Officer after serving the Group for more than 35 years. Mr. Ronald Tan will step down as a director of the company and will also cease to be a director of the company's various subsidiaries and associated companies. His last day of service will be on 31 March 2018.

After Mr. Ronald Tan's retirement, Mr. Foo Chew Tuck who currently holds the appointment of Executive Chairman will assume the role of CEO with effect from 1 April 2018.