Hong Lai Huat Group Limited appointed Lien We King as Non-Executive Lead Independent Director, Chairman of Nominating Committee and member of the Audit Committee and the Remuneration Committee. Board Comments: Mr. Lien We King ("Mr Lien") is the existing Independent Director, Chairman of Nominating Committee and member of the Audit Committee and the Remuneration Committee. The Chairman of the Company, Dr Wang Kai Yuen, will be retiring at the coming Annual General Meeting.

In view that the Company is in the process of appointing a new Chairman, the Board concurred that a Lead Independent Director be appointed and that it is appropriate to appoint Mr. Lien as the Lead Independent Director. Working Experience: July 2014 to Present: Executive Director of Mothership.sg Dec 2015 to Present: Managing Director of Bridgewater Holdings Private Limited.