The board of directors of Khong Guan Limited announced changes and reconstitution of the Board Committees with effect from February 28, 2023: 1. Ms Tan Khiaw Ngoh, an Independent Director, has been appointed as a member of the Audit Committee. 2. Mr. Yeo Jih-Shian, an Independent Director, has been appointed as a member of the Remuneration Committee. 3. Mr. Hew Moh Yung, an Independent Director, has been re-designated as Chairman of the Remuneration Committee and he has also been appointed as a member of the Nominating Committee.
4. Mr. Tan Tiong Huat Alex, the Lead Independent Director, has been re-designated from Chairman of the Remuneration Committee to a member of the Remuneration Committee and he has also been appointed as a member of the Nominating Committee. 5. Mr. Chew Soo Lin, Executive Chairman has stepped down as a member of the Nominating Committee. Audit Committee includes, Mr. Tan Tiong Huat Alex Chairman (Lead Independent Director), Mr. Yeo Jih-Shian Member (Independent Director), Mr. Hew Moh Yung Member (Independent Director), Ms Tan Khiaw Ngoh Member (Independent Director), Remuneration Committee includes, Mr. Hew Moh Yung Chairman (Independent Director), Mr. Tan Tiong Huat Alex Member (Independent Director), Mr. Yeo Jih-Shian Member (Independent Director), Nominating Committee includes, Mr. Yeo Jih-Shian Chairman (Independent Director), MrTan Tiong Huat Alex Member (Lead Independent Director), Mr. Hew Moh Yung Member (Independent Director).