Travelite Holdings Ltd. has announced the appointment of Yeo Toon Wee as new executive director. The appointment date is May 5, 2017. Mr. Yeo will be responsible for implementing the Group's conceptual directions and developing strategies for the Group. Mr. Yeo is not considered independent for the purposes of Rule 704(8) of the Listing Manual as his appointment is executive. Mr. Yeo is the Managing Director of two subsidiaries, namely YG Marketing Pte. Ltd. (YG Marketing) and Singapore Crocodile (1968) Pte Ltd. He has been with YG Marketing for more than 30 years. Prior to joining YG Marketing, he was employed by an MNC in Singapore where he gained considerable knowledge and experience in production, planning and control as well as personnel administration. Mr. Yeo was promoted from General Manager of YG Marketing to Managing Director with effect from 1 July 2016.