The Board of Directors (Board) of Sincap Group Limited announced with great sadness that the Board was informed of the passing of Mr. Ng Hoi-Gee Kit (Mr. Ng), Lead Independent Director of the Company on 16 October 2022. On behalf of all management of the Company, the Board expresses its deepest condolences to his family. The Board also expresses its gratitude and appreciation for Mr. Kit Ng contributions to the Company during his tenure as Lead Independent Director, despite his short tenure.