PSL Holdings Limited announced Ms Ng has decided to tender her resignation as the Non-Executive Non-Independent Chairman with effect from 7 May 2020 due to her other work commitments. Following her aforesaid resignation, she will remain as a Non-Executive Director of the Company. Mr. Lee has decided to tender his resignation as CEO with effect from 31 July 2020 to pursue other career opportunities.

Mr. Kee Siang Hui ("Mr Kee") has been appointed to the Board of the Company as an Executive Director with effect from 8 May 2020.