The board of directors of Boustead Singapore Limited announced that Mr. Goh Boon Seong has stepped down as an Independent Non-Executive Director of the company, following the completion on June 25, 2018 of the acquisition by the company of 100% of the shareholding of WhiteRock Incorporation Pte Ltd. Mr. Goh continues to serve as Chief Executive Officer of WhiteRock Incorporation Pte Ltd. The board announced the appointment of Dr. Tan Khee Giap as an Independent Non-Executive Director of the Company, as well as Chairman of the Audit & Risk Committee and member of the Nominating Committee. The board is of the view that the appointment of Dr. Tan will further broaden the collective skills and diversity of the Board. Dr. Tan relinquished his role as Independent Non-Executive Director of Boustead Projects Limited when appointed to the Board. Dr. Tan Khee Giap is currently Co-Director of Asia Competitiveness Institute and a Visiting Associate Professor of Public Policy at the Lee Kuan Yew School of Public Policy at the National University of Singapore. He is also the Chairman of the Singapore National Committee for Pacific Economic Cooperation. He currently holds directorships in TEE Land Ltd, BreadTalk Group Ltd. and Chengdu Rural Commercial Bank Co Ltd. Chong Ngien Cheong, Godfrey Ernest Scotchbrook and Loh Kai Keong are the members of Audit & Risk Committee. Chong Ngien Cheong is the Chairman of Nominating Committee and Wong Fong Fui is the member of Nominating Committee. Godfrey Ernest Scotchbrook is the Chairman of Remuneration Committee and Chong Ngien Cheong and Loh Kai Keong are the members of the Remuneration Committee.