The board of directors of G.A. Holdings Limited announced that, with effect from 1 June 2023: Mr. Yuen Kin Pheng (Mr. Yuen), an independent non-executive director, has been re-designated as an executive director and ceased to be the chairman of the audit committee of the company. Mr. Yuen will continue to be the chairman of the board, the chairman of the nomination committee and a member of the remuneration committee of the company; Mr. Lin Ju Zheng (Mr. Lin), a non-executive director, has been re-designated as an independent non-executive Director, and a member of the audit committee of the company; and Mr. Zhou Ming (Mr. Zhou), a member of the audit committee, has been re-designated as the chairman of the audit committee. Mr. Zhou will continue to be an independent non-executive Director, the chairman of the remuneration committee and a member of the nomination committee of the company.

Mr. Yuen Kin Pheng, aged 73, currently the advisor to Spirit Aero Systems, a large aero structures manufacturer in the United States of America. Throughout his career, he held various senior executive leadership positions in Fortune 500 companies as well as major listed companies in Singapore, covering businesses in the Asia Pacific region. His executive positions included chief executive officer, president and vice president, spanning across various industries such as aerospace and aviation, HVAC (heating, ventilation and air conditioning), diesel engines, home appliances and building materials.

Mr. Yuen has a distinguished career with the Republic of Singapore Air force with a number of diverse positions in operations, planning and administration. He left the service to pursue a second career in business after 18 years with the rank of Lieutenant Colonel. Mr. Yuen holds a bachelor's degree (First-Class Honors) in business administration and a master of business administration from the National University of Singapore and completed the advanced management program from the Wharton School of Business at the University of Pennsylvania, United States of America.

He was appointed as an independent non-executive Director of the Company on 23 March 2017 and appointed as chairman of the Board on 18 February 2022. Mr. Lin Ju Zheng, aged 75, holds a bachelor degree in foreign language majoring in English from Fujian No.2 Normal College (which merged with other colleges to become Fujian Normal University ()). He is a senior economist with extensive experience in banking operations and management.

Before joining the Company, Mr. Lin occupied senior positions in one of the major banks in the PRC till December 2007. Mr. Lin was appointed as an independent non-executive Director in June 2010 and was re-designated as an executive Director of the company in March 2012. On 23 March 2017, he was re-designated as a non-executive Director of the company.