Keong Hong Holdings Limited announced Cessation of Mr. Lim Jun Xiong Steven as a Lead Independent Director. Role And Responsibilities: Lead Independent Director and also the Chairman of the Audit Committee, and a member of the Nominating Committee and Remuneration Committee. Job Title: Lead Independent Director, Audit Committee Chairman, Remuneration Committee Member and Nominating Committee Member. Reason For Cessation: As part of the Board renewal plan, Mr. Lim Jun Xiong Steven has stepped down as a Lead Independent Director and has also relinquished his positions as the Chairman of the Audit Committee, and as a member of the Nominating Committee and Remuneration Committee. For the purpose of Rule 704(7)(b) of the Mainboard Listing Rules, Mr. Lim has confirmed that he is not aware of any irregularities in the Company and its subsidiaries which would have a material impact on the Group, including financial reporting.