Beng Kuang Marine Limited announced Mr. Chua Beng Kuang has decided not to seek re-election at the Annual General Meeting ("AGM") to be held on 27 April 2021 and will retire as a Director at the conclusion of the AGM pursuant to Regulation 107 of the Company's Constitution. Upon his cessation as Director, Mr. Chua Beng Kuang will also cease to be the Executive Chairman of the Company.