Aspial Lifestyle Limited announced the resignation of Lim Poh Meng as Merchandising Director. Responsible for all aspects of retail merchandising of the Company. Mr. Lim's duties and responsibilities are subsumed by the current management of the merchandising division, overseen by the Chief Executive Officer of the Company.

Mr. Lim Poh Meng has tendered his resignation as Merchandising Director of the Company to pursue other career opportunities. The Sponsor, after having interviewed Mr. Lim, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr. Lim as Merchandising Director of the Company.