Hoe Leong Corporation Ltd. announced cessation of Liew Yoke Pheng Joseph Executive Chairman and Director. Reason For Cessation: Mr. Liew had played a significant role in the corporate restructuring of the Company which started in 2019. He brought in an investor in 2020, to strengthen the Company's working capital and had helped to reinstate the Company as a going concern.

The Company's shares resumed trading on the SGX Mainboard on 25 June 2021. Mr. Liew is stepping down from his Executive Chairman and Director's role to focus on other commitments in other companies and voluntary welfare organisations.