Y Ventures Group Ltd. appointed Mr. Goh Cher Shua as Independent Director of the Company. Mr. Goh is considered independent for the purposes of Rule 704(7) of Listing Manual Section B: Rule of Catalist of the Singapore Exchange Securities Trading Limited. October 2017 to January 2018: Hong Leong Asia Ltd., Chief Restructuring Officer of the following entities: 1. Henan Xinfei Electric Co. Ltd. 2. Henan Xinfei Household Appliance Co. Ltd. 3. Henan Xinfei Refrigeration Appliances Co. Ltd.