The Board of Directors of Boustead Projects Limited announced the following changes in the composition of the Board committees of the Company effective from 1 October 2015: Mr. Chong Lit Cheong has been appointed Chairman of the Audit & Risk Committee in place of Mr. John Lim Kok Min who shall remain as a member of the Audit & Risk Committee. Mr. James Lim Jit Teng has relinquished his role as a member of the Audit & Risk Committee. Mr. John Lim Kok Min has been appointed Chairman of the Nominating Committee in place of Dr. Tan Khee Giap who shall remain as a member of the Nominating Committee.

Mr. John Lim Kok Min has relinquished his role as a member of the Remuneration Committee.