Soon Lian Holdings Limited announced that Ms. Ng Kim Ying (Ms. Ng) had, on 8 April 2020, tendered her resignation as the Chief Financial Officer (CFO) and Company Secretary of the Company, and together with its subsidiaries, the Group (the Resignation), citing differences in management style with the new management of the Company. Pursuant to the Resignation, Ms. Ng will also resign from each of the directorships in entities within the Group where she is currently a director. Ms. Ng is currently serving a two (2) months' notice period and her last day of employment will be 7 June 2020.

For the avoidance of doubt, Ms. Ng will remain as CFO and Company Secretary of the Company, and will continue to ensure smooth functioning of the operations of the finance team of the Group, until the effective date of her resignation (that is 8 June 2020). In the meanwhile, the Company will commence the search for a new CFO and a new Company Secretary of the Company. The Company targets to appoint a new CFO of the Company before end May 2020.

Ms. Ng will work closely with the Chief Executive Officer of the Company and the new CFO of the Company (once identified) to ensure an orderly and smooth transition.