GuocoLand Limited announced that Ms. Lim Suat Jien will be retiring as an Independent Non-Executive Director of the Company on 14 May 2022 and accordingly, she will cease to be a Member of the Audit and Risk Committee. The Board of Directors of the Company appoints Mr. Chew Seong Aun as a Member of the Audit and Risk Committee with effect from 14 May 2022. Mr. Chew is a fellow member of the Institute of Chartered Accountants in England and Wales (ICAEW) and a member of the Asian Institute of Chartered Bankers in Malaysia.

He has over 30 years of experience in finance and banking. Pursuant to Rule 704(8) of the SGX-ST Listing Manual, Mr. Chew is considered by the Board of Directors as a Non-Independent Non-Executive Director of the Company.