New Toyo International Holdings Ltd. announced the cessation of George Lee Chee Whye as Executive Director and Chief Executive Officer, effective from August 1, 2014. Mr. George Lee Chee Whye will be seconded to the company's subsidiary in Malaysia, Tien Wah Press Holdings Berhad (TWPH) as its Chief Executive Officer for two years effective August 1, 2014, subject to TWPH obtaining an employment pass for him to work in Malaysia.