Pine Capital Group Limited announced that Mr. Chandrasekera Dhakshitha Bandara Bogollagama ("Mr Bogollagama") and Mr. Mark Christopher Porcelli ("Mr Porcelli") have been appointed as Independent Non-Executive Directors of the Company. Mr. Bogollagama has been appointed as Chairman of the Board and Remuneration Committee as well as a member of the Audit Committee and Nominating Committee of the Company. Mr. Porcelli has been appointed as Chairman of the Nominating Committee as well as a member of the Audit Committee and Remuneration Committee of the Company. Mr. Lee Tze Wee, Andrew, ceased to be a member of the Audit Committee and Remuneration Committee of the Company.