Eindec Corporation Limited announced that interim, Ms. Queenie Foo Quek Cheng the Chief Financial Officer of the Company, will be appointed as the Acting CEO of the Company and will manage and oversee the overall business and activities of the Group. Ms. Foo will report to Mr. Zhang Wei Non-Executive Chairman of the Company, and Executive Chairman and CEO of Weiye Holdings Limited, parent of the Company. The nomination of Ms. Foo as the Acting CEO of the Company was duly reviewed and assessed by the Nominating Committee and the board of directors of the Company. The Board, after having reviewed and considered the qualifications and experience of Ms. Foo, as well as her performance as the CFO of the Company, has approved the appointment of Ms. Foo as the Acting CEO of the Company. Following the Appointment, Ms. Foo will also remain as the CFO of the Company.