The board of directors of IPCO International Limited announced that Mr. Chwee Han Sin has not been re-elected as an Independent Director at the annual general meeting of the company held on 31 August 2017. Mr. Chwee will relinquish his appointment as Chairman of the Nominating, Remuneration and Audit Committees. The board also announced the cessation of Mr. Chwee on 31 August 2017 as Independent Directors of the company.