Chuan Hup Holdings Limited announced that AGM held on 18 October 2018. Mdm Joanna Young Sau Kwan retired as Director of the Company and did not seek re-election. Accordingly, Mdm Young stepped down as the Chairman of the Audit Committee and a member of the Remuneration and the Nominating Committees. Ms. Heng Su-Ling Mae was re-elected as a Director of the Company and will succeed Mdm Young as Chairman of the Audit Committee on which she sits. She is considered to be independent pursuant to Rule 704(8) of the Listing Manual of the SGX-ST.

The shareholders also approved a final tax exempt one-tier dividend of 1 Singapore cent per ordinary share for the financial year ended 30 June 2018.