The Board of Directors of Lien Hoe announced that the Company's Managing Director, Dato' Yap Sing Hock has passed away peacefully on 21 May 2022. In the absence of Dato' Yap, and with the succession planning in place, the management and operations of the Group would be led by Ms. Yap Tse Yeeng Christine, the Executive Director and Chief Executive Officer, assisted by the Board and the management team. The business and operations of the Group will be run as usual.

This announcement is dated 23 May 2022.