The Nominating Committee of MC Payment Limited has recommended to the Board the appointment of Mr. Ong Kim Huat as a Director of the Company. The Board, having considered the recommendation of the Nominating Committee, is of the view that Mr. Ong has the requisite experience, knowledge and capability to assume the responsibility as Non-Executive Independent Director of the Company. Accordingly, the Board approved the appointment of Mr. Ong as Non-Executive Independent Director of the Company. Mr. Ong will also be appointed as the Chairman of the Nominating Committee as well as a member of the Audit Committee and the Remuneration Committee of the Company. Following the Appointment, Dr Lillian Koh (Non-Executive Independent Director) will relinquish her role as the chairman of the Nominating Committee, but will remain as a member of the Nominating Committee; and (ii) Mr. Kesavan Nair (Non-Executive Independent Director) was replaced by Mr. Ong as a member of the Audit Committee and the Nominating Committee.