The Board of Directors of IPC Corporation Ltd. announced appointment of Mr. Lien Kait Long as Lead Independent Director of the Company, the appointment of Mr. Teo Kiang Kok as Chairman of the Remuneration Committee (RC) and a member of the Audit Committee (AC) and the appointment of Dato' Dr. Choo Yeow Ming as a member of the AC and RC with immediate effect. The Board considers Mr. Teo and Dato' Dr. Choo to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Limited. The Audit Committee comprises of Lee Soo Hoon Phillip ­as Chairman, Independent Director and Lien Kait Long, Teo Kiang Kok, Dato' Choo Yeow Ming are Members. The Nominating Committee comprises of Lien Kait Long as ­ Chairman and Lee Soo Hoon Phillip, Ngiam Mia Je Patrick are Members. The Remuneration Committee comprises of Teo Kiang Kok as Chairman and Lee Soo Hoon Phillip, Dato' Choo Yeow Ming are Members.